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Inflation in the Philippines is pushing higher again, with September prices expected near 6.8%, and that puts interest-rate-sensitive stocks like leading Philippine banks back in the spotlight. Higher rates can strain borrowers, yet they c…
This article first appeared on GuruFocus. Net Income: PHP32.8 billion for the first half of 2026, broadly stable year-on-year. Pre-Provision Operating Income: Record PHP55.4 billion, up 11.2% year-on-year. Total Revenue: PHP104 billion, up…
As global markets navigate the aftermath of the longest U.S. government shutdown in history and grapple with concerns over elevated stock valuations, investors are increasingly seeking stability amid volatility. In this context, dividend s…
As global markets navigate a landscape marked by interest rate expectations and economic shifts, Asian stock markets have shown resilience with notable gains in China and Japan, driven by domestic liquidity and positive economic revisions.…
HONG KONG, June 19, 2025 /PRNewswire/ -- FinVolution Group, a globally leading fintech company, has been honored with two prestigious awards at the Finance Asia 2025 Awards: "Most Innovative Use of Technology" (Mainland China) and "Best St…
In the current global market landscape, characterized by geopolitical tensions and consumer spending concerns, investors are navigating a volatile environment where major indices have experienced fluctuations. Amidst these challenges, divi…
As global markets experience a positive shift, with major U.S. stock indexes rebounding and European indices rising on easing inflation concerns, investors are increasingly looking to solidify their portfolios with reliable dividend stocks…
As global markets continue to navigate a landscape marked by mixed performances across major indexes and geopolitical uncertainties, investors are increasingly seeking stability through dividend stocks. In this context, the Bank of the Phi…
(Bloomberg) -- The Philippines’ economic growth accelerated in the second quarter despite borrowing costs at a 17-year-high. Most Read from Bloomberg Africa’s Richest City Needs $12 Billion to Fix Infrastructure New York City’s Outdoor Din…
(Bloomberg) -- The Philippines has named Eli Remolona, a member of the central bank’s policymaking board, to head the monetary authority as it strives to curb price pressures and shield economic growth. Most Read from Bloomberg Silence Clo…
(Bloomberg) -- The Philippine peso slumped to its lowest level in more than 16 years on Wednesday as the pace of the central bank’s policy tightening lagged that of the Federal Reserve. Most Read from Bloomberg Liz Cheney Is Paying the Pri…
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Bank of the Philippine Islands and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review…
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Bank of the Philippine Islands and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review…
By Arno Schuetze, Sabine Wollrab and Patricia Uhlig FRANKFURT, July 9 (Reuters) - On the night of June 18, Wirecard AG’s new compliance chief stayed up late at his office in the company’s low-rise headquarters in the Munich suburb of Aschh…
By Arno Schuetze, Sabine Wollrab and Patricia Uhlig FRANKFURT, July 9 (Reuters) - On the night of June 18, Wirecard AG’s new compliance chief stayed up late at his office in the company’s low-rise headquarters in the Munich suburb of Aschh…
(Bloomberg) -- Converge Information and Communications Technology Solutions Inc., a fast-growing Philippine provider of fixed broadband services, aims to raise as much as $725 million in a maiden share sale in October. The company will use…
(Bloomberg) -- Converge Information and Communications Technology Solutions Inc., a fast-growing Philippine provider of fixed broadband services, aims to raise as much as $725 million in a maiden share sale in October. The company will use…
By Neil Jerome Morales MANILA, June 29 (Reuters) - The Philippines' anti-money laundering agency on Monday said it would conduct a "swift and thorough" investigation into scandal-hit German payments firm Wirecard AG and that it has drawn u…
(Repeats with no changes to text) By Karen Lema and Joe Brock MANILA/SINGAPORE, June 26 (Reuters) - A Filipino lawyer embroiled in a multi-billion dollar fraud at Wirecard, Mark Tolentino, told Reuters that he was surprised to be linked to…
By Karen Lema and Joe Brock MANILA/SINGAPORE, June 26 (Reuters) - A Filipino lawyer embroiled in a multi-billion dollar fraud at Wirecard, Mark Tolentino, told Reuters that he was surprised to be linked to the German payments firm and that…
(Bloomberg) -- Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as assets probably don’t exist, deepening an accounting scandal that has rattled Germany’s financial i…
(Bloomberg) -- Markus Braun’s almost two decades as Wirecard AG’s chief executive officer ended after accusations about the company’s accounting culminated in a shock disclosure that it was unable to locate 1.9 billion euros ($2.1 billion)…