Inquirer
SHANGHAI/SINGAPORE —China cut the benchmark reference rate for mortgages at a monthly fixing on Tuesday by more than expected, as authorities ramp
SYDNEY —ANZ Group’s A$4.9 billion ($3.2 billion) buyout of Suncorp’s banking business was cleared by the Australian Competition Tribunal on Tu
NEW YORK/WASHINGTON —Capital One, a U.S. consumer lender backed by Warren Buffett, said on Monday that it will acquire credit card issuer Discover
FRANKFURT —Germany is likely in recession now as external demand is weak, consumers remain cautious and domestic investment is held back by high b
LONDON —World shares struggled to climb on Monday after the chances of early interest rate cuts globally receded and Chinese markets recorded
MANILA, Philippines —STI Holdings, led by businessman Eusebio Tanco, saw profits more than double during the first half of its fiscal year amid hi
MANILA, Philippines —Ayala-led Bank of the Philippine Islands (BPI) is now the biggest creditor of Home Credit Philippines after extending an addi
Financial planners talk about three phases in retirement: the go-go years, the slow-go years and the no-go years. Expenses tend to be highest at the b
MANILA, Philippines —The consortium led by San Miguel Corp. (SMC) may have a hard time turning in profits during the first five to seven years of
MANILA, Philippines —A local trade association of garment exporters sees industry revenues this year ending flat, downgrading its earlier target o
MANILA, Philippines —The Bangko Sentral ng Pilipinas (BSP) plans to finalize within the year a policy framework that simplifies the requirements for
MANILA, Philippines —Manuel Pangilinan-led Manila Electric Co. (Meralco) will shell out P280 million for a switching station that will ensure “r
MANILA —The Philippine Stock Exchange Index (PSEi) closed below 6,800 on Monday as large cap property and holding companies were sold down. By the
In light of the country’s present high inflation rate, several bills had been filed in Congress that aim to increase the daily minimum wage in the p
The Department of Transportation has already declared the San Miguel Corp. (SMC)-led consortium the winner of the bidding for the contract to operate
MANILA —The impact of the Bangko Sentral ng Pilipinas’ (BSP) aggressive anti-inflation rate hikes is expected to peak this year, which means eco
MANILA, Philippines —Property giant SM Prime Holdings Inc. grew its net profit last year by 33 percent to P40 billion, driven by the continued reb
Freedom of expression enjoys an exalted place in the hierarchy of constitutional rights. Free expression, however, “is not absolute for it may be so
MANILA, Philippines —Earnings of the Government Service Insurance System (GSIS) nearly doubled in 2023 on the back of its “astute” investments
Artificial intelligence (AI) has become ubiquitous and has become a key topic of discussion among senior management and board members. Three out of fo
