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Biden’s reelection campaign joins TikTok in push for young voters

U.S. President Joe Biden's reelection campaign joined short-form video app TikTok on Sunday, using the NFL's Super Bowl to kick off its new account to reach young voters ahead of the presidential election in November.

Thailand to create asset management firm to tackle soaring household debt

Thailand will establish an asset management firm in the first quarter of this year to help resolve its stubborn problem of high household debt, the prime minister said on Monday.

IMF urges BOJ to end bond yield control, huge asset buying

The Bank of Japan should consider ending its yield curve control and massive asset purchases now, then gradually raise short-term interest rates, the IMF said on Friday, as markets ramp up bets on a near-term turn in the central bank's ultra-easy policy.

As China woes mount, investment banks brace for more Asia job cuts

Job cuts at western investment banks in Asia are expected to increase this year as revenue pressures rise due to deepening economic and market turmoil in China, even as deal prospects brighten in Japan and India, headhunters and bankers said.

Equities fall, yields jump after data and Powell comments

Shares on Wall Street and in Europe fell on Monday and government bond yields jumped as traders amended their expectations of a near-term U.S. interest rate cut.

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Cebuana Lhuillier drives shift from access to active finance use

Financial inclusion in the Philippines has made significant strides, with formal account ownership nearly doubling since 2011 based on the World Bank’s Global Findex Database. But the deeper challenge is now emerging as access has expanded faster than sustained usage of financial services.

Customs fast-tracks digital shift in air cargo

The Bureau of Customs (BOC) is ramping up the rollout of the Electronic Airway Bill (e-AWB) under Commissioner Ariel F. Nepomuceno, signaling a more aggressive push to digitize export processing and modernize the country’s trade infrastructure.

STI 9-month net income steady at P1.6B; Q3 earnings drop on accounting shift

STI Education Systems Holdings Inc. reported flat net income of P1.6 billion for the first nine months of its fiscal year ending March, unchanged from the same period a year earlier.

JNEC to supply power to Manila Ocean Park, eyes expansion to other sites

Local power company Jin Navitas Electric Corp. (JNEC) will serve as the official retail electricity supplier of Manila Ocean Park under a two-year agreement, with an option to extend.
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