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Beige Book reinforces prospects of further Fed rate cut

Context.ph - October 17, 2025

Gold hits USD4,300 on trade jitters, possible Fed rate cut

Markets October 17, 2025 0

Gold soared to a fresh record above USD4,300 an ounce Thursday, rallying for a fourth straight session as investors piled into safe havens amid deepening US-China tensions and growing bets on Federal Reserve rate cuts.

Court freezes bank, insurance assets linked to flood control project irregularities

DOE adds 100 MW for run-of-river hydro FIT incentive

Energy October 16, 2025 0

The Energy Regulatory Commission (ERC) under the Department of Energy (DOE) has allocated an additional 100 megawatts (MW) of capacity for run-of-river (ROR) hydro projects under the feed-in-tariff (FIT) scheme.

MPIC sustains double-digit growth, eyes expansion

Corporate October 16, 2025 0

Metro Pacific Investments Corp. (MPIC) reported continued double-digit growth in the third quarter, reinforcing its position as a key player in Philippine infrastructure and utilities. The conglomerate, which delisted earlier this year, is riding on strong momentum from its core businesses and expanding contributions from emerging ventures.

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Beige Book reinforces prospects of further Fed rate cut

October 17, 2025 0

With official jobs data unavailable due to the US government shutdown since October 1, markets turned to the Federal Reserve’s Beige Book for a pulse on the economy. It merely confirmed what previous official data showed—tepid business and economic activity that had earlier spurred the Fed to cut interest rates in hopes of jumpstarting a muted labor market.