A lawmaker has asked the Bangko Sentral ng Pilipinas (BSP) to halt the “avarice” of banks by putting a cap on exorbitant fund transfer fees at a time of surging inflation.
The United States placed sanctions Monday on Tornado Cash, a leading “crypto mixer” for transactions in virtual currency that US officials describe as a hub for laundering stolen funds, including by North Korean hackers.
German reinsurance giant Munich Re reported a drop in its second-quarter profit on Tuesday as market volatility took a toll on investments, but the firm maintained its 2022 performance target.
Bank of Commerce reported an over two-fold increase in earnings in January-June to ₽886.91 million, driven by the sustained growth of core businesses particularly in the second quarter.
Japan’s SoftBank Group on Monday reported a record quarterly net loss of $23.4 billion, after interest rate hikes tanked tech shares.
Rizal Commercial Banking Corp. said its net income jumped 84 percent to P6.14 billion in the six months through June, led by strong loan growth and expansion in treasury assets.
The Sy-blings continue to find ways to make over-the-counter transactions more convenient for BDO Unibank customers.
Portugal has reformed its immigration laws to attract foreign workers as it faces a labour shortage in tourism and construction.
The Vatican published its annual results Friday, reporting a near-balanced budget but admitting that every year it was selling off assets to cover expenses.
Workers at the UK’s largest container port will hold an eight-day strike at the end of August, union bosses said Friday, in the country’s latest industrial action over pay amid spiralling inflation.
Chinese military exercises around Taiwan are set to disrupt one of the world’s busiest shipping zones, analysts told AFP, highlighting the island’s critical position in already stretched global supply chains.
Toyota upgraded its annual net profit forecast on Thursday, predicting an earnings boost from the weaker yen even after first-quarter net profit took a hit from pandemic-related supply chain issues.
Hong Kong billionaire Li Ka-shing’s firm is selling its stake in the parent company of fintech upstart AMTD Digital, according to a statement released Thursday, after the company enjoyed a massive rally this week.
German auto manufacturer BMW said Wednesday its profits dipped in the second quarter as supply bottlenecks and Chinese lockdowns knocked production.
Danish shipping giant Maersk said Wednesday its profits doubled in the second quarter as freight prices have soared due to persistent bottlenecks on trade routes.
Robinhood on Tuesday said it is laying off nearly a quarter of its employees as inflation and a crypto market crash cripple activity on the stock trading platform.
Investment banker Francisco Sebastian has shored up his stake in GT Capital Holdings (GTCAP), just months after being named its chairman.
Luxury Italian carmaker Ferrari raised its financial targets for the year on Tuesday after reporting record orders in the second quarter.
A lawmaker has asked the Bangko Sentral ng Pilipinas (BSP) to halt the “avarice” of banks by putting a cap on exorbitant fund transfer fees at a time of surging inflation.
The United States placed sanctions Monday on Tornado Cash, a leading “crypto mixer” for transactions in virtual currency that US officials describe as a hub for laundering stolen funds, including by North Korean hackers.
German reinsurance giant Munich Re reported a drop in its second-quarter profit on Tuesday as market volatility took a toll on investments, but the firm maintained its 2022 performance target.
Bank of Commerce reported an over two-fold increase in earnings in January-June to ₽886.91 million, driven by the sustained growth of core businesses particularly in the second quarter.
Japan’s SoftBank Group on Monday reported a record quarterly net loss of $23.4 billion, after interest rate hikes tanked tech shares.
Rizal Commercial Banking Corp. said its net income jumped 84 percent to P6.14 billion in the six months through June, led by strong loan growth and expansion in treasury assets.
The Sy-blings continue to find ways to make over-the-counter transactions more convenient for BDO Unibank customers.
Portugal has reformed its immigration laws to attract foreign workers as it faces a labour shortage in tourism and construction.
The Vatican published its annual results Friday, reporting a near-balanced budget but admitting that every year it was selling off assets to cover expenses.
Workers at the UK’s largest container port will hold an eight-day strike at the end of August, union bosses said Friday, in the country’s latest industrial action over pay amid spiralling inflation.
Chinese military exercises around Taiwan are set to disrupt one of the world’s busiest shipping zones, analysts told AFP, highlighting the island’s critical position in already stretched global supply chains.
Toyota upgraded its annual net profit forecast on Thursday, predicting an earnings boost from the weaker yen even after first-quarter net profit took a hit from pandemic-related supply chain issues.
Hong Kong billionaire Li Ka-shing’s firm is selling its stake in the parent company of fintech upstart AMTD Digital, according to a statement released Thursday, after the company enjoyed a massive rally this week.
German auto manufacturer BMW said Wednesday its profits dipped in the second quarter as supply bottlenecks and Chinese lockdowns knocked production.
Danish shipping giant Maersk said Wednesday its profits doubled in the second quarter as freight prices have soared due to persistent bottlenecks on trade routes.
Robinhood on Tuesday said it is laying off nearly a quarter of its employees as inflation and a crypto market crash cripple activity on the stock trading platform.
Investment banker Francisco Sebastian has shored up his stake in GT Capital Holdings (GTCAP), just months after being named its chairman.
Luxury Italian carmaker Ferrari raised its financial targets for the year on Tuesday after reporting record orders in the second quarter.
