Britain, Singapore agree to deepen fintech links
November 26, 2022
The UK and Singapore on Friday announced an agreement to boost their financial technology sectors, seeking to remove trade barriers and encourage cooperation.
Beleaguered Credit Suisse shares fall to historic low
November 26, 2022
Credit Suisse shares tumbled to a historic low Friday, after the second-biggest lender in Switzerland announced details of a bid to raise capital amid concerns over customers withdrawing funds.
GCash partners with PNP’s anti-cybercrime unit to combat online scammers
November 25, 2022
E-wallet app GCash has signed an agreement with the Philippine National Police Anti-Cybercrime Group (PNP ACG) as it responds to rising scams.
South Korea truckers strike again, threatening supply chains
November 24, 2022
South Korean truckers staged their second major strike in less than six months Thursday, in an action that could disrupt critical global supply chains in sectors from cars to steel.
Germany probes links between Celtic gold heist, other thefts
November 24, 2022
The 483 coins were snatched early Tuesday from a museum in the southern town of Manching, with thieves taking just nine minutes to break in and make off with the stash, according to police.
Most Fed officials say slower rate hike pace appropriate ‘soon’
November 24, 2022
The Fed has embarked on an aggressive path to cool demand and bring down prices as inflation in the world’s biggest economy surged to the highest level in decades, raising the benchmark borrowing rate six times this year.
Vietnam police bust $1.2 billion dollar betting ring
November 23, 2022
Vietnamese police have smashed a huge online betting ring worth around $1.2 billion, state media and an official said Wednesday, as the government cracks down on illegal gambling during the World Cup.
Beware of scams: BDO ain’t offering crypto products
November 23, 2022
The bank owned by the bilyonaryo Sy-blings told depositors not to fall victim to emails and text messages promoting a supposed “BDO Bitcoin” instrument.
Battling inflation ‘priority’ as global growth slows: OECD
November 22, 2022
World economic growth is slowing due to decades-high inflation, the OECD said Tuesday, calling for “essential” further monetary policy tightening and “more targeted” government support.
Return to Asia United Bank: Jacinto Ng names Pag-IBIG chief Moti as new director
November 22, 2022
Bilyonaryo Jacinto Ng has welcomed back a former employee of Asia United Bank into his board room.
Ain’t in good hands: Metrobank clients lose access to mobile banking services due to buggy app
November 22, 2022
Clients of the Metropolitan Bank & Trust Co. (Metrobank) are up in arms because they’re unable to access mobile banking services through their app.
Swiss shipping giant MSC bins ITA Airways bid
November 22, 2022
Swiss shipping giant MSC said Monday it was abandoning its bid to buy ITA Airways, Italy’s state-owned airline, for which it made an offer in January along with Germany’s Lufthansa.
Two arrests in Estonia over $575M cryptocurrency fraud
November 22, 2022
Two men have been arrested in Estonia on suspicion of defrauding $575 million (562 million euros) from hundreds of thousands of people in a cryptocurrency scheme, Estonian police said on Monday.
Sonic the Hedgehog co-creator arrested over insider trading
November 21, 2022
The co-creator of classic video game series Sonic the Hedgehog has been arrested for alleged insider trading, according to public prosecutors in Tokyo.
Disney boots CEO, brings back Bob Iger to lead company
November 21, 2022
Disney ousted chief executive Bob Chapek on Sunday and announced that it had brought back former CEO Bob Iger to once again take the reins.
Ayala-led BPI allots P2B for affordable housing loan program
November 20, 2022
The Bank of the Philippine Islands (BPI) is allocating an initial P2 billion for its housing loan program called MyBahay to cater lower income individuals or households.
Philippines says Saudi Arabia to pay Filipino workers owed wages
November 19, 2022
Saudi Arabia will compensate 10,000 Filipino workers who lost their jobs in the Gulf country years ago and are still waiting for their salaries, Philippine officials said.
RCBC’s Michael Ricafort sees inflation peaking in Q4
November 19, 2022
Upward adjustments in the Bangko Sentral ng Pilipinas’ (BSP) average inflation for 2022 and 2023 signal the possibility for further rate hikes, an economist said.
Britain, Singapore agree to deepen fintech links
November 26, 2022
The UK and Singapore on Friday announced an agreement to boost their financial technology sectors, seeking to remove trade barriers and encourage cooperation.
Beleaguered Credit Suisse shares fall to historic low
November 26, 2022
Credit Suisse shares tumbled to a historic low Friday, after the second-biggest lender in Switzerland announced details of a bid to raise capital amid concerns over customers withdrawing funds.
GCash partners with PNP’s anti-cybercrime unit to combat online scammers
November 25, 2022
E-wallet app GCash has signed an agreement with the Philippine National Police Anti-Cybercrime Group (PNP ACG) as it responds to rising scams.
South Korea truckers strike again, threatening supply chains
November 24, 2022
South Korean truckers staged their second major strike in less than six months Thursday, in an action that could disrupt critical global supply chains in sectors from cars to steel.
Germany probes links between Celtic gold heist, other thefts
November 24, 2022
The 483 coins were snatched early Tuesday from a museum in the southern town of Manching, with thieves taking just nine minutes to break in and make off with the stash, according to police.
Most Fed officials say slower rate hike pace appropriate ‘soon’
November 24, 2022
The Fed has embarked on an aggressive path to cool demand and bring down prices as inflation in the world’s biggest economy surged to the highest level in decades, raising the benchmark borrowing rate six times this year.
Vietnam police bust $1.2 billion dollar betting ring
November 23, 2022
Vietnamese police have smashed a huge online betting ring worth around $1.2 billion, state media and an official said Wednesday, as the government cracks down on illegal gambling during the World Cup.
Beware of scams: BDO ain’t offering crypto products
November 23, 2022
The bank owned by the bilyonaryo Sy-blings told depositors not to fall victim to emails and text messages promoting a supposed “BDO Bitcoin” instrument.
Battling inflation ‘priority’ as global growth slows: OECD
November 22, 2022
World economic growth is slowing due to decades-high inflation, the OECD said Tuesday, calling for “essential” further monetary policy tightening and “more targeted” government support.
Return to Asia United Bank: Jacinto Ng names Pag-IBIG chief Moti as new director
November 22, 2022
Bilyonaryo Jacinto Ng has welcomed back a former employee of Asia United Bank into his board room.
Ain’t in good hands: Metrobank clients lose access to mobile banking services due to buggy app
November 22, 2022
Clients of the Metropolitan Bank & Trust Co. (Metrobank) are up in arms because they’re unable to access mobile banking services through their app.
Swiss shipping giant MSC bins ITA Airways bid
November 22, 2022
Swiss shipping giant MSC said Monday it was abandoning its bid to buy ITA Airways, Italy’s state-owned airline, for which it made an offer in January along with Germany’s Lufthansa.
Two arrests in Estonia over $575M cryptocurrency fraud
November 22, 2022
Two men have been arrested in Estonia on suspicion of defrauding $575 million (562 million euros) from hundreds of thousands of people in a cryptocurrency scheme, Estonian police said on Monday.
Sonic the Hedgehog co-creator arrested over insider trading
November 21, 2022
The co-creator of classic video game series Sonic the Hedgehog has been arrested for alleged insider trading, according to public prosecutors in Tokyo.
Disney boots CEO, brings back Bob Iger to lead company
November 21, 2022
Disney ousted chief executive Bob Chapek on Sunday and announced that it had brought back former CEO Bob Iger to once again take the reins.
Ayala-led BPI allots P2B for affordable housing loan program
November 20, 2022
The Bank of the Philippine Islands (BPI) is allocating an initial P2 billion for its housing loan program called MyBahay to cater lower income individuals or households.
Philippines says Saudi Arabia to pay Filipino workers owed wages
November 19, 2022
Saudi Arabia will compensate 10,000 Filipino workers who lost their jobs in the Gulf country years ago and are still waiting for their salaries, Philippine officials said.
RCBC’s Michael Ricafort sees inflation peaking in Q4
November 19, 2022
Upward adjustments in the Bangko Sentral ng Pilipinas’ (BSP) average inflation for 2022 and 2023 signal the possibility for further rate hikes, an economist said.
Court backs squatters in Russian tycoon’s mansion
The elegant house overlooking Amsterdam’s iconic Vondelpark would fit in nicely with its neighbouring dwellings, were it not for the huge anti-war banners draped down the outside.
Macau casino giants win licence renewals, Malaysia’s Genting loses bid
Macau said Saturday it has renewed the licences of its six major casino operators, with the city aiming for terms that would help diversify its economy away from gambling.
US bans gear from China’s Huawei and ZTE over security risk
US authorities announced a ban Friday on the import or sale of communications equipment deemed “an unacceptable risk to national security” — including gear from Chinese giants Huawei Technologies and ZTE.
John Gokongwei’s brother, children, nephews inherit P17 million in JG Summit shares
“The most important factor of all for long life is a good family.”
Travel pa more! No fuel surcharge hike for December
Airfares are not expected to increase in December as the Civil Aeronautics Board (CAB) has retained the fuel surcharge for airlines until next month amid lower jet fuel prices.
