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.
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.
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.
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.
Mitsubishi Motors Philippines Corp. contributed P9.05 billion to customs collections at the Port of Batangas in the first seven months of 2026, ranking among the port’s top three importers and accounting for more than 6.3 percent of its total collections.
UNIQLO is expanding its Philippine retail network with three new stores and three larger locations for Fall/Winter 2026, extending its reach into Mindanao, major transport hubs, and fast-growing residential markets.
The Department of Tourism is facing a P6.02-billion funding gap for 28 infrastructure projects after the Department of Public Works and Highways shifted responsibility for financing new and continuing tourism projects to the DOT, but the proposed funding was not included in the 2027 national budget.
Green Lane investments worth a total P5.52 trillion remain stuck in pre-development, exposing the gap between faster government approvals and actual project execution, while 10 renewable energy projects worth P137.47 billion have already been dropped after their service contracts were surrendered.