Latest News for: asan

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Asan Woori Bank Loses to Fujitsu Red Wave in Park Shin-ja Cup Final

Chosun Ilbo 11 Oct 2026
[OSEN=Ko Sung-hwan Reporter] Asan Woori Bank finished as runners-up in the 2026 KB Kookmin Bank Park Shin-ja Cup. They fell short of overcoming the Japanese Fujitsu Red Wave in their first-ever attempt at winning the title ... Fujitsu took control early.
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‘Banks should shoulder more losses from digital scams’

The Philippine Star 11 Oct 2026
Banks and other financial institutions should bear greater responsibility for losses from digital scams when these stem from weaknesses in their own controls, according to global management consulting firm Arthur D. Little (ADL) ....
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Hot money swings to 315 million dollar outflow in August

The Philippine Star 11 Oct 2026
Foreign portfolio investments swung back to a net outflow in August, reversing three straight months of net inflows, as renewed geopolitical tensions, higher oil prices and inflation concerns weighed on investor sentiment ....
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Inflation pressures most widespread in Philippines – Nomura

The Philippine Star 11 Oct 2026
The Philippines is facing the most widespread inflation pressures among Asian economies tracked by Japanese investment bank Nomura, strengthening the case for further interest rate hikes by the Bangko Sentral ng Pilipinas (BSP) ....
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Philippines to adopt global bond pricing system in 2027

The Philippine Star 10 Oct 2026
The Philippines will adopt an international pricing system for peso-denominated government and corporate bonds starting early next year, as authorities seek to attract more foreign investors and eventually lower borrowing costs ....
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Confidence in banking system intact – BSP

The Philippine Star 09 Oct 2026
Confidence in the Philippine banking system remains intact, the Bangko Sentral ng Pilipinas (BSP) said, citing banks’ strong fundamentals and safeguards meant to protect the integrity of the financial system ....
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Chinabank names Dee chairman emeritus, revamps leadership

The Philippine Star 08 Oct 2026
China Banking Corp. has named longtime director Gilbert Dee as chairman emeritus following his resignation as vice chairman and executive director, while also implementing changes to its board committees and wealth management leadership ....
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Peso plumbs new depths, closes at 62.90:$1

The Philippine Star 08 Oct 2026
The peso sank to a new record low against the dollar yesterday as elevated US interest rates supported the greenback and oil prices above $100 per barrel raised concerns over the Philippines’ import bill ....
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BofA sees below 3% growth for Philippines

The Philippine Star 08 Oct 2026
The Philippine economy could grow by less than three percent this year as weak household spending and sluggish investment continue to drag domestic demand, while renewed inflation pressures raise the possibility of further interest rate hikes ....
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Moody’s completes PhilRatings acquisition

The Philippine Star 06 Oct 2026
Moody’s Corp. has completed its acquisition of a 19.99-percent stake in Philippine Rating Services Corp., expanding its regional presence as it sees corporate expansion and infrastructure needs supporting Philippine bond issuance ....
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BSP flags crypto anonymity risks, backs strict oversight

The Philippine Star 05 Oct 2026
The Bangko Sentral ng Pilipinas is pushing for tight oversight of cryptocurrency transactions, warning that transfers outside regulated channels can make it difficult for authorities to identify the people behind them ....
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