(UPDATE) TWO government-owned and -controlled corporations (GOCCs) idle funds will be tapped for unprogrammed appropriations to cover salary increases and benefits for the country’s civil servants. The Philippine Deposit Insurance Corp. (PDIC) and the Philippine […]
The head of the US central bank has said “the time has come” for officials to cut interest rates, but he offered few clues as to how quickly or how far borrowing costs might come […]
BEIJING/SHANGHAI ― Ping An Insurance (Group) Co. of China reported a 6.8-percent rise in first-half net profit, driven by growth in new insurance policies and its move to secure long-term investments amid market volatility. The […]
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