Tag: Trump

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Gold glitters as geopolitics briefly exhale

Gold futures surged to a fresh record early Wednesday, touching USD4,887 an ounce before easing to USD4,840, still the highest settlement on record, as geopolitical anxieties cooled without extinguishing investor appetite.

Trump’s credit card cap spooks bank bulls

US financial stocks stumbled Monday after President Donald Trump lobbed a populist grenade into Wall Street’s trading pits, suggesting he wants to cap credit card interest rates at 10 percent a year—roughly half today’s levels. 

Powell pushes back to protect Fed independence

Federal Reserve Chair Jerome Powell on Sunday delivered an unusually direct rebuke of the administration of President Donald Trump, accusing it of trying to intimidate the independent central bank in an effort to force him from office. 

US jobs rise, momentum lags in December

The U.S. labor market delivered mixed signals in December, improving by one measure while underscoring a broader slowdown. 

US President Trump claims capture of Venezuela’s Maduro

President Donald Trump said the US has “captured” Venezuelan President Nicolás Maduro and his wife, Cilia Flores, and flown them out of the country following what he described as “large-scale” U.S. strikes.

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Cirtek swings to loss as Quintel sale weighs

Listed semiconductor company Cirtek Holdings Philippines Corp. swung to a USD2.8 million net loss in the first half of 2026, from a USD1.1 million profit a year earlier, as a one-time write-off tied to the disposal of its Quintel business compounded higher costs and operating expenses.

Crescendo set to benefit from SCTEX Luisita expansion

Ayala Land’s Crescendo estate is poised to benefit from the expansion of the SCTEX Luisita Interchange, as improved connectivity strengthens Tarlac’s position as an emerging growth center in Central Luzon.

JJ Ibarreta named communications director at DM&A Co.

Dugenia, Marayan & Associates Co. (DM&A Co.) has appointed John “JJ” Ibarreta as Communications Director, strengthening its leadership team as a digital-first integrated communications agency.

DA highlights sugar technologists’ role in industry growth

Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. recognized the Philippine Sugar Technologists Association (PhilSuTech) as a vital partner in driving science-backed growth, higher incomes, and resilience for the country’s sugarcane industry.

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