[OSEN=Ko Sung-hwan Reporter] AsanWoori Bank finished as runners-up in the 2026 KB Kookmin BankPark 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.
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) ....
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 ....
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 ....
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 ....
China Banking Corp. has named longtime director GilbertDee as chairman emeritus following his resignation as vice chairman and executive director, while also implementing changes to its board committees and wealth management leadership ....
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 ....
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 ....
Moody’s Corp. has completed its acquisition of a 19.99-percent stake in PhilippineRating Services Corp., expanding its regional presence as it sees corporate expansion and infrastructure needs supporting Philippine bond issuance ....
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 ....