Tag: Trump

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Trump teases weed reclassification, stocks quickly sober up

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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

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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 

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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

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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

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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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Eala’s HK Open final ends in heartbreak, but ranking soars

Sports & Entertainment 0
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.

Fuel prices set for big drop this week 

Energy & Mining 0
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.

DNL cautiously optimistic of prospects in 2027

Corporate 0
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.

ALLHC’s P62M Q3 profit limits nine-month earnings decline

Transport & Logistics 0
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.

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