CREDIT SUISSE — COMMONS.WIKIMEDIA.ORGZURICH — Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a move that would jolt the globe.While the nation’s central bank and financial regulator publicly declared that
REUTERSZURICH — Within hours of its state-backed takeover by UBS Group being announced, memorabilia bearing lender Credit Suisse’s name and logo was being put up for sale in Switzerland, marking the end of an era.Dozens of bars of gold, stamped with the name of the
A view of South Korean and Japanese national flags on the airplane carrying South Korea’s President Yoon Suk Yeol and his wife Kim Keon-hee, at Tokyo International Airport (Haneda Airport) in Tokyo, Japan March 16, 2023. — REUTERS/ISSEI KATOSEOUL — South Korean President Yoon Suk
PRESIDENT Ferdinand R. Marcos, Jr. (right) and Chinese President Xi Jinping met for a bilateral meeting in Bangkok, Thailand on Nov. 17, 2022 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit. — OFFICE OF THE PRESS SECRETARYAt the start of his term as
ON A CONFERENCE call last month, Piyush Gupta, the chief executive officer at DBS Group Holdings Ltd., said that he was hoping to garner at least 1 percentage point revenue growth by managing more money for the super-rich. His wish may be about to be
RAWPIXELOn March 6, the House of Representatives passed a Resolution calling for a Constitutional Convention with a supermajority of 301 Representatives. Speaker of the House Martin Romualdez announced that those who supported the Resolution are “in a rush to amend the restrictive economic provisions” of
PHILSTAR Helping children hone their strengths and pursue their hobbies can make them more resilient to stress or challenges, according to an expert.“We want a child with confidence, and… confidence is highly correlated with success and performance,” educational psychologist Michele Borba said at a forum
<?xml encoding="utf-8" ??>Thousands of rail workers including signalling staff voted by three to one in favour to accept the offer, a 9% pay increase over two years, in a referendum that closed on Monday. The union said that on a turnout of nearly 90%, its members
<?xml encoding="utf-8" ??>Derby is to be named the new headquarters of Britain’s rail network by ministers this week. The delayed result of the competition to become the official home of Great British Railways is expected as early as Tuesday, with the Midlands city the frontrunner on
<?xml encoding="utf-8" ??>Public borrowing in February rose to a high for the month as the government paid out significant subsidies to cap energy bills for households and businesses, official figures show. Net borrowing hit £16.7 billion last month, up by £9.7 billion compared with the same
<?xml encoding="utf-8" ??>Amazon is to cut a further 9,000 jobs over the coming weeks in a fresh round of lay-offs designed to make the company “leaner” in the face of mounting economic concerns. The technology group, which announced in January that it would shed more than
Pag-IBIG Fund disbursed P53.76 billion in cash loans, otherwise known as short-term loans, benefitting a record-high 2,612,491 members in 2022, agency officials stated Tuesday (21 March 2023).For 2022, the amount of short-term loans released by the agency increased by 21% or P9.46 billion compared to