China has scrapped two-thirds of its planned coal power plants abroad: report

Hong Kong’s securities regulator aims to include a yuan trading counter in a cross-border channel linked with mainland Chinese investors by July 1, marking the latest step in the city’s efforts to advance the internationalisation of the Chinese currency. The measure, announced on Wednesday, is part of a strategic action plan unveiled by the Securities and Futures Commission (SFC) to support the implementation of Hong Kong’s first five-year plan and the 2026 policy address presented by Chief...

Nearly a metric ton of durian and mangosteen will be shipped to Canada as the Philippines seeks to open another potential market for its tropical fruits, the Department of Agriculture (DA) said on Wednesday.

The Philippines" digital financial inclusion experience was brought to the global stage Wednesday as Mynt president and CEO Martha Sazon addressed the UN Global Compact Leaders Summit in New York.

A bill seeking to provide the Securities and Exchange Commission (SEC) stronger powers to shut down rogue online lending applications and jail abusive debt collectors has been filed.

The Philippines has secured a £5-billion (approximately P419.9 billion) credit line from the United Kingdom (UK) to support programs and projects aimed at strengthening financial and trade cooperation between the two countries.

The Bangko Sentral ng Pilipinas (BSP) has released a circular mandating that thrift, rural, and cooperative banks shifting to digital bank business models have a P1-billion minimum capital requirement, the same measure required of digital banks.

The Philippine peso continued its upward momentum against the US dollar for the second straight day on Wednesday.

Share prices on the Philippine Stock Exchange (PSE) closed in the red on Wednesday, with the local bourse barometer breaking below the 5,800 level, due lingering concerns about global geopolitics amidst the Middle East crisis.

Bourse operator Hong Kong Exchanges and Clearing (HKEX) will launch yuan-denominated gold futures early next year, while the city’s de facto central bank plans to introduce more yuan products and platforms to support the diversification and digitalisation of the currency’s internationalisation, speakers at a banking summit said on Wednesday. “We have recently reactivated our gold contract in the US dollar. But in the future, perhaps sometime early next year, we will be coming up with a...

Securities and Exchange Commission (SEC) Chairman Francis Lim said he is “fervently hoping” that the GCash IPO will help generate gains for the country"s capital market.

President Ferdinand “Bongbong” Marcos Jr. is supportive of the suspension of a property tax hike following the request of the Private Sector Advisory Council (PSAC), according to Malacañang on Wednesday.

Filipino software startup BossLabs AI is looking beyond its domestic presence, setting its sights on establishing a footprint in Southeast Asia with Malaysia, Indonesia, and Thailand as its initial targets.