Business

RCBC accuses Bangladesh’s central bank of a “massive cover-up” over $81-million cyber-heist last year

The Rizal Commercial Banking Corp. on Tuesday accused Bangladesh's Central Bank (BB) of a "massive cover-up" over an $81-million cyber-heist…

ANZ Bank sells life insurance arm to Zurich for US$2.14 billion

SYDNEY, Australia (AFP) -- ANZ Bank unveiled plans Tuesday to offload its life insurance arm to Zurich for Aus$2.85 billion…

Bitcoin rises in debut as SEC warns on digital money

NEW YORK, United States (AFP) -- Bitcoin experienced some big swings but finished higher in its debut on a major…

Blowing bubbles: Boom and bust from bulbs to bitcoin

by Richard CARTER Agence France-Presse TOKYO, Japan (AFP) -- Virtual currency Bitcoin -- or "digital gold" to its fans --…

Tokyo stocks open higher following new highs on Wall St

TOKYO, Japan (AFP) -- Tokyo stocks opened higher on Monday, tracking fresh record highs on Wall Street as the yen…

Bitcoin makes stock exchange debut at $15,000

NEW YORK, United States (AFP) -- Cryptocurrency Bitcoin made its debut on a major bourse Sunday, opening at $15,000 per unit…

Meralco to have lower electricity rates this December

QUEZON CITY, Philippines (Eagle News) -- Meralco will lower its electricity charges this December, citing the improving situation of the…

Germany’s BASF agrees oil merger with Russian tycoon’s firm

FRANKFURT AM MAIN, Germany (AFP) -- German chemicals giant BASF has agreed to merge its Wintershall oil and gas unit with the…

IMF approves $251 million payout to Sri Lanka

WASHINGTON, United States (AFP) -- The International Monetary Fund on Thursday approved the release of $251 million to Sri Lanka,…

Japan revises up Q3 quarterly growth to 0.6%

TOKYO, Japan (AFP) -- Japan posted an economic growth of 0.6 percent in the three months to September from the previous…

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