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Social Security Administration to Require In-Person Identity Checks
In an effort to combat fraudulent claims, the Social Security Administration (SSA) will implement stricter identity-proofing measures...
By The Financial District
14 hours ago1 min read


Philippine Retirement Authority to Promote Property Sector to Retirees
The Philippine Retirement Authority (PRA) is working to promote real estate projects to retirees and expatriates seeking to reside in the...
By The Financial District
1 day ago1 min read

U.S. Officials Warn of Costly Medusa Ransomware Attacks
The FBI and the US Cybersecurity and Infrastructure Security Agency (CISA) have issued a warning about an escalating ransomware threat.
By The Financial District
6 days ago1 min read


Impact Investing Continues to Attract Billions Despite Market Shifts
Private-market investing aimed at social and environmental impact remains strong, even if it’s no longer in the spotlight.
By The Financial District
6 days ago1 min read

Danish Pension Fund Dumps Tesla Over Labor and Governance Concerns
Danish pension fund AkademikerPension announced that it is blacklisting Tesla Inc. due to concerns over the company’s treatment of workers..
By The Financial District
7 days ago1 min read

Singapore Student Nabbed in U.S. For $320-M Crypto Heist
even years, Malone Lam Yu Xuan went from being a secondary school student in Choa Chu Kang, Singapore, to earning the title of "crypto..."
By The Financial District
Mar 182 min read

UnionBank Elite Unveils "Next in Wealth" For The Year of the Snake In Exclusive Market Outlook Events
Union Bank of the Philippines (UnionBank) has once again set the bar high in wealth management through its premier program, UnionBank Elite.
By The Financial District
Mar 173 min read


U.S. Lawmakers Overturn Key Payments Regulations
The Senate has voted to repeal key regulations that granted the U.S. Consumer Financial Protection Bureau (CFPB) oversight of payment...
By The Financial District
Mar 131 min read


Trump Establishes U.S. Strategic Crypto Reserve
The crypto industry achieved a longtime goal as President Donald Trump signed an executive order authorizing the creation of a strategic...
By The Financial District
Mar 111 min read


PH To Sign Record $1-B World Bank Loan For Agriculture
The Philippine government is set to sign a record-high $1 billion (over ₱57 billion) loan agreement with the World Bank this July to fund...
By The Financial District
Mar 102 min read


Scotiabank, BMO Beat Profit Forecasts On Capital Markets
Canada's Bank of Nova Scotia (Scotiabank) and Bank of Montreal (BMO) exceeded analysts' expectations for quarterly profits.
By The Financial District
Mar 51 min read


Black-Owned Liberty Bank Profitable For 47 Of Its 52 Years
Nearly two decades after Hurricane Katrina devastated New Orleans, the city still bears the scars of the disaster.
By The Financial District
Mar 42 min read


Nomura Merging "¥1-Trillion" Underperforming Fund
Nomura Asset Management is set to merge an underperforming equity investment trust, once known as the “¥1 trillion fund” due to its size...
By The Financial District
Mar 21 min read


Japan's Former Top Currency Envoy Takes Over as ADB Chief
Masato Kanda, Japan's former top currency diplomat, officially assumed office on Monday as the new president of the Asian Development Bank.
By The Financial District
Feb 281 min read


PhilHealth’s Excess Funds Of PHP60 Billion Used For Health Programs
Solicitor General Menardo I. Guevarra emphasized before the Supreme Court that the majority of the Philippine Health Insurance Corp...
By The Financial District
Feb 272 min read

MIC To Provide USD76.4 Million Bridge Loan to Launch Copper-Gold Project
Maharlika Investment Corporation (MIC), the Philippines’ sovereign wealth fund manager, has signed a binding term sheet to provide a USD...
By The Financial District
Feb 242 min read


Mizuho Theft Fuels Concerns Over Safe Deposit Boxes In Japan
Mizuho Financial Group Inc. has revealed that a former employee stole tens of millions of yen worth of clients’ property from safe deposit..
By The Financial District
Feb 231 min read


Fiddling With Social Security Benefits Could Worsen U.S. Inflation
One of Donald Trump’s first acts upon returning to the White House was appointing Michelle King as acting commissioner of the Social...
By The Financial District
Feb 201 min read


JPMorgan Plans $4 Billion U.S. Gold Delivery
JPMorgan Chase & Co. is set to deliver gold bullion worth more than $4 billion against futures contracts in New York this February, as...
By The Financial District
Feb 51 min read


Warburg, Berkshire Partners Approve $3 Billion Deal For Triumph
Private equity firms Warburg Pincus and Berkshire Partners have agreed to take aircraft parts and services supplier Triumph Group Inc...
By The Financial District
Feb 51 min read


State Farm Seeks Rate Hikes In California To Offset Wildfire Payouts
California's largest private insurer, State Farm, has urged the state's insurance regulator to approve an emergency rate hike to help...
By The Financial District
Feb 51 min read


Bank of Canada Cuts Interest Rates
The Bank of Canada has cut interest rates by a quarter percentage point but has also stopped providing guidance on further adjustments to...
By The Financial District
Jan 301 min read


Oracle, SoftBank, OpenAI To Invest $500-B In U.S. AI Infrastructure
President Trump announced on Tuesday a massive investment in artificial intelligence (AI) infrastructure in the U.S. through a joint...
By The Financial District
Jan 301 min read


$3.21 Billion Public Sector Loans Approved
Between October and December 2024, the Monetary Board approved six medium-to-long-term foreign borrowings by the public sector, amounting...
By The Financial District
Jan 281 min read
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