June 24, 2017, 7:59 am
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Banking And Finance

Yellen sees March hike

March 06, 2017
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CHICAGO - The U.S. Federal Reserve’s long-stalled ‘liftoff’ of interest rates may finally get airborne this year as policymakers from Chair Janet Yellen on Friday to regional leaders across the United States signaled that the era of easy money is drawing to a close.

EastWest net up 70%

March 06, 2017
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EastWest Bank registered a net income of P3.4 billion in 2016, 70 percent higher than the P2.0 billion booked in 2015.  

BDO Leasing earns P570M

March 06, 2017
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BDO Leasing and Finance, Inc. (BDO Leasing) posted a net income of P570 million in 2016, slightly higher than the P556 million from last year, on the sustained growth in business volumes. 

BUT BOJ GOAL STILL DISTANT: Ja

March 06, 2017
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TOKYO - Japan’s core consumer prices rose for the first time in over a year in January thanks to a pickup in energy costs, but a slump in household spending showed why economic growth and inflation have lagged the more ambitious goals set out by policymakers.

UK economy’s strong growth si

March 06, 2017
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LONDON - Britain’s unexpectedly strong economic growth since last June’s Brexit vote may be starting to fade as inflation picks up, according to a major business survey that chimed with notes of caution from several top companies.

S. Korea’s inflation pulls ba

March 06, 2017
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SEOUL- South Korea’s inflation slowed slightly in February from the previous month as price pressures stayed largely muted, data showed on Friday, giving the central bank some space to cut rates if needed amid growing economic risks.

Canada’s banks get Trump boos

March 06, 2017
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TORONTO- Canada’s banks are already seeing the benefits of pro-growth policies pursued by President Trump’s new U.S. administration, executives said, with expectations of tax cuts, lighter regulation and fiscal stimulus boosting market confidence.

BDO posts record P26B income i

February 27, 2017
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BDO Unibank, Inc. (BDO) delivered a net income of P26.1 billion in 2016 on the back of strong results across its core businesses. 
 

EWB’s auto loans business up

February 27, 2017
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East West Banking Corporation (EastWest) continues to make headway in its auto loans business as it registered a phenomenal year-on-year growth of 67 percent in 2016. 
 

P2.45B for PSBank

February 27, 2017
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Philippine Savings Bank (PSBank), the thrift bank arm of the Metrobank Group, posted a full year net income of P2.45 billion in 2016, higher than the P2.35 billion recorded in the previous year. 
 

Pages

Front Page

Column of the Day

The hidden danger in Marawi

By JOSE BAYANI BAYLON | June 23,2017
‘What was supposed to be a simple police action has turned out to be the most serious military operation to date in the Duterte administration.’

Opinion of the Day

Metabolism: Why dieting fails

By DAHLI ASPILLERA | June 23, 2017
‘My doctor said that both hands lifting a gallon-size pail up to shoulder height daily can help my body’s fat-burning ability.’