Yung Anoma1y Kicks Off His Multi-State Spring Tour

New York may be known as the city that never sleeps, but many Hongkongers like to take care of banking transactions at 2am – a truth that helps explain why 40 per cent of physical branches have disappeared in recent years, according to local bank executives. While the number of Hong Kong licensed banks had remained stable around 150 for many years, the number of bank branches had dropped 40 per cent to about 900 from 1,500 in recent years, said Sunny Cheung, CEO of Shanghai Commercial Bank. “[In...

The call of Mynt president and CEO Martha Sazon for Filipinos to be allowed to “borrow with dignity” has placed financial empowerment at the center of the company"s global narrative at a pivotal moment.

President Ferdinand "Bongbong" Marcos on Friday ordered the suspension of the collection of excise tax on liquefied petroleum gas (LPG) and kerosene.

The Philippine peso appreciated against the US dollar on Friday, in anticipation of the seasonal increase in remittances during the last three months of the year.

The International Monetary Fund (IMF) on Friday again downgraded its growth forecasts for the Philippines, citing the weaker-than-expected performance in the second quarter and the slow rebound in public spending amid the flood control corruption scandal.

A day post-victory on America's Got Talent, Nene Royal receives widespread acclaim, including commendation from Prime Minister Anutin.

Philippine share prices closed in the green on Friday, snapping a five-day losing streak, as investors hunted for bargains following a week-long decline in stock prices.

Investor appetite for hotel assets increased in Hong Kong and the wider Asia-Pacific region in the first half of the year as consumers showed growing eagerness to travel and constrained supply supported property values, according to CBRE. The region netted US$8 billion of investment in the period, up 21 per cent from a year earlier, with Japan, mainland China and South Korea attracting the most activity, the property consultancy said in a report on Thursday. “Hotels have become one of the most...

PAL said the plan is still “subject to Indian Government approval.”

Mooncakes, a sweet staple for China’s annual Mid-Autumn Festival, are not just for people any more. Humans are pulling back, but dogs are digging in. So are cats. Pet mooncakes are popping up across China, from major retailers such as Sam’s Club to online stores and small bakeries. And many are quickly selling out. In the southwestern metropolis of Chengdu, a pack of pet mooncakes selling online for about 50 yuan (US$8) has racked up thousands of sales, news outlet thecover.cn reported. In the...

HSBC and its main Hong Kong subsidiary, Hang Seng Bank, are set to harmonise their frameworks for employee benefits across the Asian financial hub from January 1, according to internal memos seen by the South China Morning Post. The move aims to simplify benefit administration across both lenders, establish a common standard and facilitate internal career mobility within the city, the memos showed on Thursday. In an email to staff, HSBC Hong Kong CEO Maggie Ng said most existing benefits would...

After Morgan Stanley’s leak of internal deal information in a client email, rival investment banks in Hong Kong are aggressively moving to poach clients dissatisfied with the breach, according to several people familiar with the matter. Competitors are actively approaching companies named in the leaked document to pitch for their business, two rival bankers said, asking not to be identified due to the sensitivity of the issue. An accidental disclosure of confidential information by a Morgan...