Binance buys Japanese crypto exchange Sakura
December 1, 2022
Binance has been in the spotlight since the dramatic collapse of rival platform FTX this month.
Still sizzling! BSP sees November inflation at 8%
November 30, 2022
The Philippines’ inflation woes are far from over as the Bangko Sentral ng Pilipinas expects the November rate to breach the eight percent level.
E-wallet wars: GCash charges 2% ‘convenience fee’ for buying Smart load via app
November 30, 2022
Buying Smart and Talk n’ Text load via GCash has become pricier after the Ayala-owned e-wallet started charging a two percent “convenience fee” for the transaction.
Hong Kong crypto exchange falls silent, fuelling shutdown fears
November 30, 2022
A major Hong Kong-based cryptocurrency exchange has scrubbed some of its social media presence two weeks after it halted withdrawals, fuelling fears the firm may collapse as the sector reels from the implosion of giant FTX.
HSBC bank sells Canadian ops for over US$10 billion
November 30, 2022
HSBC has agreed to sell its Canadian division to Royal Bank of Canada for US$10.1 billion, the Asia-focused banking giant announced Tuesday.
Yuchengcos’ RCBC to spin off trust and investments group
November 29, 2022
Rizal Commercial Banking Corp. (RCBC), chaired by bilyonaryo Helen Yuchengco-Dee, is spinning off its trust and investments group into an independent company.
Stocks, crude rise as China fears give way to Covid easing hopes
November 29, 2022
Equities rose with oil prices and the dollar weakened Tuesday as China avoided another night of protests after a weekend of unrest, with speculation growing that officials will announce a further easing of the country’s strict Covid containment measures.
BSP orders banks, financial firms: Set up 24/7 fraud hotline
November 29, 2022
The Bangko Sentral ng Pilipinas (BSP) announced that this has been made mandatory by Republic Act No. 11765 or the Financial Products and Services Consumer Protection Act signed by former President Rodrigo Duterte in May 2022.
Level up! BPI’s cash deposit machines now accepting P1,000 polymer bills
November 29, 2022
Cash deposit machines owned by the Bank of the Philippine Islands (BPI) have been retrofitted to accept the P1,000 polymer bills on trial circulation.
Barclays bank says CEO has cancer, to remain in post
November 29, 2022
British bank Barclays on Monday said its chief executive C.S. Venkatakrishnan is suffering from cancer and will remain in the top post while undergoing treatment.
Crypto lender BlockFi files for bankruptcy after FTX collapse
November 29, 2022
BlockFi, a lender in the troubled cryptocurrency universe, announced Monday it had filed for bankruptcy protection in the latest ripple effect from the FTX collapse.
Global equities slide on China unrest
November 29, 2022
Hundreds of people took to the streets in China at the weekend, in a wave of demonstrations not seen since pro-democracy rallies in 1989 were crushed.
HSBC Philippines launches up new wealth management business
November 28, 2022
HSBC recently announced the expansion of its wealth investment offerings through HSBC Wealth, incorporated as HSBC Investment and Insurance Brokerage, Philippines Inc. (HIIB).
Asian markets, crude drop on China Covid unrest
November 28, 2022
Hundreds of people took to the streets at the weekend after a deadly fire in the Xinjiang region on Thursday served as a catalyst for public anger, with many blaming virus lockdowns for hampering the rescue effort.
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.
Binance buys Japanese crypto exchange Sakura
December 1, 2022
Binance has been in the spotlight since the dramatic collapse of rival platform FTX this month.
Still sizzling! BSP sees November inflation at 8%
November 30, 2022
The Philippines’ inflation woes are far from over as the Bangko Sentral ng Pilipinas expects the November rate to breach the eight percent level.
E-wallet wars: GCash charges 2% ‘convenience fee’ for buying Smart load via app
November 30, 2022
Buying Smart and Talk n’ Text load via GCash has become pricier after the Ayala-owned e-wallet started charging a two percent “convenience fee” for the transaction.
Hong Kong crypto exchange falls silent, fuelling shutdown fears
November 30, 2022
A major Hong Kong-based cryptocurrency exchange has scrubbed some of its social media presence two weeks after it halted withdrawals, fuelling fears the firm may collapse as the sector reels from the implosion of giant FTX.
HSBC bank sells Canadian ops for over US$10 billion
November 30, 2022
HSBC has agreed to sell its Canadian division to Royal Bank of Canada for US$10.1 billion, the Asia-focused banking giant announced Tuesday.
Yuchengcos’ RCBC to spin off trust and investments group
November 29, 2022
Rizal Commercial Banking Corp. (RCBC), chaired by bilyonaryo Helen Yuchengco-Dee, is spinning off its trust and investments group into an independent company.
Stocks, crude rise as China fears give way to Covid easing hopes
November 29, 2022
Equities rose with oil prices and the dollar weakened Tuesday as China avoided another night of protests after a weekend of unrest, with speculation growing that officials will announce a further easing of the country’s strict Covid containment measures.
BSP orders banks, financial firms: Set up 24/7 fraud hotline
November 29, 2022
The Bangko Sentral ng Pilipinas (BSP) announced that this has been made mandatory by Republic Act No. 11765 or the Financial Products and Services Consumer Protection Act signed by former President Rodrigo Duterte in May 2022.
Level up! BPI’s cash deposit machines now accepting P1,000 polymer bills
November 29, 2022
Cash deposit machines owned by the Bank of the Philippine Islands (BPI) have been retrofitted to accept the P1,000 polymer bills on trial circulation.
Barclays bank says CEO has cancer, to remain in post
November 29, 2022
British bank Barclays on Monday said its chief executive C.S. Venkatakrishnan is suffering from cancer and will remain in the top post while undergoing treatment.
Crypto lender BlockFi files for bankruptcy after FTX collapse
November 29, 2022
BlockFi, a lender in the troubled cryptocurrency universe, announced Monday it had filed for bankruptcy protection in the latest ripple effect from the FTX collapse.
Global equities slide on China unrest
November 29, 2022
Hundreds of people took to the streets in China at the weekend, in a wave of demonstrations not seen since pro-democracy rallies in 1989 were crushed.
HSBC Philippines launches up new wealth management business
November 28, 2022
HSBC recently announced the expansion of its wealth investment offerings through HSBC Wealth, incorporated as HSBC Investment and Insurance Brokerage, Philippines Inc. (HIIB).
Asian markets, crude drop on China Covid unrest
November 28, 2022
Hundreds of people took to the streets at the weekend after a deadly fire in the Xinjiang region on Thursday served as a catalyst for public anger, with many blaming virus lockdowns for hampering the rescue effort.
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.
As chatbot sophistication grows, AI debate intensifies
California start-up OpenAI has released a chatbot capable of answering a variety of questions, but its impressive performance has reopened the debate on the risks linked to artificial intelligence (AI) technologies.
Poland’s Meronk downs Scott to win Australian Open
Poland’s Adrian Meronk drained an eagle putt at the last hole for a five-stroke win in the Australian Open, while South Africa’s Ashleigh Buhai held on to win the women’s tournament in Melbourne on Sunday.
War dogs: Sausages bolster the fight in eastern Ukraine
On the roads leading to the front in Ukraine’s war-torn east, every morning begins with a familiar scene — soldiers filling up trucks, sipping steaming coffee and catching up between bites of fresh hot dogs.
Shanghai axes some Covid testing requirements
Authorities in China’s financial hub of Shanghai will from Monday scrap some testing requirements in the country’s latest relaxing of its strict zero-Covid policy following nationwide protests unseen in decades.
Thailand’s supreme Sarit secures first Asian Tour title in Indonesia
Thailand’s Sarit Suwannarut secured his first Asian Tour golf title with a sweeping four-shot win at a weather-delayed BNI Indonesian Masters on Sunday.
