April 23, 2018, 12:35 am
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Business Market

Banks’ tapering rehearsal giv

by Reuters on December 11, 2013
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SINGAPORE - The banking industry’s dress rehearsal for tapering by the Federal Reserve has given emerging markets hope.

$1B raised in Asia’s biggest h

by Reuters on December 10, 2013
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HONG KONG - Asia Research & Capital Management has raised $1.1 billion for its new hedge fund, the region’s biggest launch this year, and helping the firm to double its assets, a source with direct knowledge of the matter said.

SE Asia stocks end mixed

December 10, 2013
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BANGKOK - Thai stocks gave up early gains and fell on Monday as anti-government protesters pressed ahead with mass demonstrations to oust Prime Minister Yingluck Shinawatra and her administration, while Malaysia rose to near a record high, backed by strong trade data.

Aussie IPO resurgence to keep

by Reuters on December 10, 2013
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HONG KONG/SYDNEY - Bankers in Australia have much to cheer this Christmas as fees from underwriting IPOs surge 10-fold this year, and many are now betting on an equally active year in 2014 as a slew of private equity exits keep the market busy.

As rivals fade, Goldman stands

by Reuters on December 10, 2013
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NEW YORK/LONDON - Just over three decades ago, Goldman Sachs bought a niche coffee-and-gold trading firm called J. Aron & Company, becoming one of the first banks to enter the commodity markets.

HSBC to float UK banking busin

by Reuters on December 10, 2013
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LONDON - HSBC Holdings Plc is considering the flotation of up to 30 percent of its British retail and commercial banking arm, the Financial Times reported, a move that would help it cope with planned new rules that demand that British banks ringfence their retail arms.

Fed tapering seen closer after

by Reuters on December 06, 2013
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WASHINGTON - U.S. private-sector hiring rose in November at the fastest clip in a year, opening the door wider for the Federal Reserve to start trimming its bond purchases within the next few months.

SE Asia stocks trade lower

December 06, 2013
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Most Southeast Asian stock markets fell yesterday as speculation over a possible reduction in the U.S. Federal Reserve’s stimulus dented sentiment, while many investors awaited cues from US  job data, due later this week.

US plans new bank fraud cases

by Reuters on December 06, 2013
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WASHINGTON - The  US. Justice Department plans to bring mortgage fraud cases against several financial institutions early in 2014, using as a template the case that ended last month in JPMorgan Chase & Co’s $13 billion settlement,  US. Attorney General Eric Holder said on Wednesday.

Saudi oil price hike out of s

by Reuters on December 06, 2013
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LAUNCESTON, Australia - Saudi Aramco’s decision to raise its official selling price for January crude cargoes to Asia to the highest premium in two years looks slightly at odds with recent market developments.

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Front Page

Column of the Day

The joys of aging

By DAHLI ASPILLERA | April 23,2018
‘May you all make it to 100-and-a-half!’
 

Opinion of the Day

The Philippine hour

By JOSE BAYANI BAYLON | April 23, 2018
 ‘Why haven’t we engaged in a similar “soft sell” program not so much the urban sprawl of Manila and Manileños but Filipinos everywhere else?’