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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DOTr expands Siargao Airport, upgrades ports to boost tourism

The Department of Transportation (DOTr) is improving connectivity to Siargao Island through an expanded airport passenger terminal and upgraded port facilities, aiming to accommodate growing tourism demand and provide travelers with better air and sea transport options.

NPC, Globe boost child online safety against AI misuse

The National Privacy Commission (NPC) and Globe Telecom are strengthening efforts to protect Filipino children from online privacy risks and promote responsible use of emerging technologies, including artificial intelligence (AI).

Lemon Square expands Batangas operations, opens 150th store

Big E Food Corporation, maker of Lemon Square cakes and pastries, is strengthening its presence in Batangas with a new manufacturing facility and the opening of its 150th retail store at LIMA Estate.

Treasury bill yields rise ahead of BSP rate decision

Yields on shorter-dated Philippine Treasury bills climbed at Monday’s auction as investors positioned for a possible further monetary tightening by the Bangko Sentral ng Pilipinas (BSP) later this week.

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