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Stocks rise on China-US hopes, gold and silver slump

Gold suffered its biggest one-day loss since the start of the Covid pandemic, only a day after setting a record high (DAVID GRAY/yahoo.com) NEW YORK — Most stock markets extended gains Tuesday on signs that China-US trade tensions were easing and as investors digested a deluge of generally good earnings. …

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China’s key trade negotiator removed from WTO post

Chinese trade negotiator Li Chenggang attends a press conference on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025. REUTERS/Louiza Vradi  BEIJING — Senior Chinese trade negotiator Li Chenggang has been removed from his post as China’s permanent representative to the …

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‘New credit card users to drive lending growth’

The study, presented during TransUnion’s inaugural Philippines Financial Services Summit, found that one in every two new credit cards opened in 2024 was issued to a first-time cardholder, signaling the importance of credit cards in promoting financial inclusion (Businessworld / PJCOMP-FREEPIK)  MANILA, Philippines — New-to-card consumers, or Filipinos opening their …

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