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PSBank eyes P3B from sale of debt notes

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Philippine Savings Bank, the thrift banking arm of the Metrobank group, plans to raise P3 billion from the sale of debt notes qualifying as capital under the more stringent Basel 3 capital adequacy framework.

Posted: December 17th, 2013 in Latest Business Stories | Read More »

McDonald’s Japan names Canadian woman to take helm

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McDonald’s Japan named a Canadian woman to take the helm Tuesday, an extremely rare appointment in a nation where locally born, graying men dominate the business world.

Posted: August 28th, 2013 in Latest Business Stories | Read More »

Oil steady as Cyprus braces for reopening of banks

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Oil prices paused Thursday after climbing more than $4 in less than a week ahead of the reopening of banks in financially troubled Cyprus.

Posted: March 28th, 2013 in Latest Business Stories | Read More »

PH stock exchange ends 2012 with a bang; analysts see more ‘fireworks’ in 2013

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Philippine stocks soared to greater heights for the fourth straight year in 2012, rising by about 33 percent for the year on favorable local macroeconomic and corporate performance and ahead of the government’s attainment of a much-coveted investment grade rating.

Posted: December 28th, 2012 in Latest Business Stories | Read More »

Dollar rises in Asia on Greek woes, Japan outlook

The surplus in the country’s balance of payments surged by nearly five times in November from a year ago, as optimism on the economy drove up investment inflows. AP FILE PHOTO

The dollar rose against the euro and yen in Asia on Friday, backed by fresh concerns over Greece and dire outlooks for major Japanese companies.

Posted: November 2nd, 2012 in Latest Business Stories | Read More »

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