Tag: Trump

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Trump teases weed reclassification, stocks quickly sober up

President Donald Trump on Monday floated — but stopped short of promising — a rethink of marijuana’s federal status, sending cannabis stocks from high hopes to a harsh comedown.

US stocks rebound as Trump dials down trade rhetoric

US stocks recovered some ground on Monday after President Donald Trump softened his stance toward China, following last week’s threat of higher tariffs starting next month.

US markets fall as Trump spurs trade spat with China 

US stock markets retreated Friday after President Donald Trump reignited trade tensions with China, threatening via social media to impose a 100 percent tariff on Chinese products starting in November.

Gold soars amid uncertainty, rate cut hopes

A fresh bout of uncertainty and mounting anticipation of a Federal Reserve interest rate cut added glitter to gold, pushing it to a record high on Tuesday.

US appeals court temporarily reinstates Trump tariffs

A U.S. federal appeals court on Thursday temporarily reinstated President Donald Trump’s sweeping “reciprocal” tariffs, granting a stay on a lower court ruling that had declared the duties illegal and ordered their removal within 10 days.

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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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