Starbucks adds plant-based meat to US menu
In this July 10, 2019 file, photo customers visit at a Starbucks in Minneapolis. Starbucks is adding plant-based meat to its U.S. menu for the first time. The Seattle-based coffee…
National ID system: Gov’t could tap private sector help
The government could tap the private sector to speed up registration for the Philippine identification system (PhilSys), which President Rodrigo Duterte had listed as one of his priority orders to…
Tokyo’s bid to replace Hong Kong threatens Seoul’s dream of becoming financial hub
SEOUL — Turning Seoul into a new financial hub in Asia has for long been a campaign promise of local politicians cutting across party lines. Seoul Mayor Park Won-soon, who…
Ex-CEO of Wirecard arrested in case over missing billions
In this Friday, June 19, 2020 photo, the Wirecard pictured at the headquarters of the payment service provider in Aschheim, Germany. Germany payment service provider Wirecard AG says it has…
Nomura bowing out of brokerage venture with BDO
Japanese financial services giant Nomura is bowing out of its four-year-old local stock brokerage venture with BDO Unibank. BDO Unibank agreed to buy out the entire 49 percent stake held…
BSP-led council broadens role from financial stability to economic growth
MANILA, Philippines — A central bank-led government group in charge of insulating the local financial system from internal and external market shocks yesterday said its member agencies have adopted a…
BDO buys out Nomura’s stake in PH stock brokerage
BDO prexy Nestor Tan The country’s largest lender, BDO Unibank Inc. (BDO), will buy out the 49 percent stake held by Japanese conglomerate Nomura Holdings Inc. in their Philippine stock…
COVID-19 spending swelled end-May budget deficit to P562.2 billion
MANILA, Philippines — The national government’s budget gap swung to a deficit of P202.1 billion in May as spending for COVID-19 response exceeded still weak tax collection amid the pandemic.…
China, EU reaffirm goal of signing investment pact
Premier Li Keqiang answers questions at a news conference after the conclusion of the national legislative session in Beijing, on May 28, 2020. XINHUA via China Daily/Asia News Network BEIJING…
Wirecard scandal: Missing billions likely don’t exist
A stockbroker sits in front of a screen with news about the payment service provider Wirecard at the Frankfurt Stock Exchange in Frankfurt, Germany, Monday, June 22, 2020. (dpa via…