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Asia stocks drop on Spain attack, Trump turmoil

2017-08-18 themalaymailonline
Visitors looks at an electronic board showing the Japan's Nikkei average at the Tokyo Stock Exchange February 9, 2016. — Reuters picTOKYO, Aug 18 — Asian stocks extended a global slide after terrorists struck a crowded tourist street in Barcelona, exacerbating unease triggered by mounting concerns about dysfunction in President Donald Trump’s administration and US policy paralysis.

BDO raises record P11.8 B from oversubscribed LTNCD

2017-08-11 philstar
MANILA, Philippines - BDO Unibank Inc. raised a record P11.8 billion from the issuance of long-term negotiable certificates of deposit (LTNCDs), more than double the issue size of P5 billion.

SMIC builds up H1 profit to P16.6 B

2017-08-09 philstar
MANILA, Philippines - SM Investments Corp. reported a nine percent growth in net income in the first half to P16.6 billion.

SM nets P16.6B

2017-08-09 business.inquirer.net
The country’s largest conglomerate SM Investments Corp. grew its six-month net profit by 9 percent year-on-year to P16.6 billion led by higher earnings form its property and retail businesses.

BDO partners with Japan’s payment brand for high-end credit card

2017-08-07 philstar
MANILA, Philippines — JCB International Co. Ltd. the international operations subsidiary of JCB Co. Ltd., announced the launch of the new JCB Platinum Credit Card in the Philippines. It is exclusively issued by BDO Unibank Inc. the largest bank in the country.

Euromoney: BDO “Best Bank” in PH

2017-08-07 business.inquirer.net
The country’s largest lender BDO Unibank has regained its bragging right as the “Best Bank in the Philippines” based on the metrics of London-based financial publication Euromoney.

BDO Leasing profit flat at P282 M in H1

2017-08-05 philstar
MANILA, Philippines - The leasing and financing arm of BDO Unibank Inc. booked a flat growth in the first half as competitive pressures affected margins and tempered bottom line performance.

Bank assets hit record P14.2 T

2017-08-05 philstar
MANILA, Philippines - Total resources of Philippine banks continued to book a double-digit growth to hit a record level of P14.2 trillion in end-May as the industry continued to withstand shocks amid the volatile global financial market.

BDO net profit flat at P13.3B in first semester

2017-07-31 business.inquirer.net
The country’s leading lender BDO Unibank chalked up P13.3 billion in net profit in the first six months, little changed from the same period last year on lower trading gains and one-off items from the acquisition and consolidation of subsidiaries.

BDO returns to debt market

2017-07-31 philstar
MANILA, Philippines - BDO Unibank Inc. is returning to the debt market to raise at least P5 billion from the issuance of long-term negotiable certificates of deposits (LTNCDs) to fund its expansion program and at the same time diversify its funding sources.

BDO nets P13.3B

2017-07-31 business.inquirer.net
The country’s leading lender BDO Unibank chalked up P13.3 billion in net profit in the first six months, flat from the level last year, on lower trading gains and one-off items from the acquisition and consolidation of subsidiaries.

Traders expect stock price index to stay above 8,000

2017-07-30 business.inquirer.net
The local stock barometer is seen striving to consolidate above the 8,000 mark this week following last week’s bullish breakout.

Fiserv (FISV) Gears Up for Q2 Earnings: Is a Beat in Store?

2017-07-27 zacks
We expect Fiserv, Inc. (FISV - Free Report) to beat expectations when it reports second-quarter 2017 results on Aug 1. Last quarter, its earnings of $1.25 per share surpassed the Zacks Consensus Estimate by 7 cents. The company has a decent earnings track record. In the trailing four quarters, the company surpassed the Zacks Consensus Estimate twice while matching the same on the other two occasions, delivering an average positive surprise of 1.

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Philippine President Rodrigo Duterte wins vote to extend martial law

2017-07-23 thestar
Martial law will be extended in the southern island of Mindanao until the end of the year, due to government troops battling Daesh militants.

PH shares move up as Europe, Japan keep rates steady

2017-07-21 business.inquirer.net
The benchmark Philippine Stock Exchange Index (PSEi) recovered from losses early in the session after the European Central Bank and Bank of Japan kept interest rates on hold, signaling that liquidity that has been a boost to the global equities market will stay in place.

Tax reform, infra spending seen to lure investors

2017-07-21 philstar
MANILA, Philippines - BDO Nomura Securities Inc., the joint venture between BDO Unibank and Nomura Holdings of Japan, said the proposed tax reform package and government’s accelerated infrastructure would make the country a more attractive investment destination.

Profit-taking pulls down PH stocks

2017-07-20 business.inquirer.net
The benchmark Philippine Stock Exchange index (PSEi) yesterday succumbed to profit taking after a three-day rally.

Stock index touches 8,000 in intraday trade

2017-07-19 business.inquirer.net
The benchmark Philippine Stock Exchange index (PSEi) advanced yesterday and even breached the key 8,000 level in intraday trading ahead of the second-quarter earnings-reporting season and in anticipation of the much-awaited tax reform program, BDO Unibank chief strategist Jonathan Ravelas said.

Bank assets hit record P14.2 T

2017-07-19 philstar
MANILA, Philippines - Total resources of Philippine banks continued to book a double-digit growth to hit a record level of P14.2 trillion in end-May as the industry continued to withstand shocks amid the volatile global financial market.

BDO, Landbank among banks with ‘Gold Hall of  Fame’ awards

2017-07-11 business.inquirer.net
MANILA — The Bangko Sentral ng Pilipinas (BSP) honored five of its partner institutions with a “Gold Hall of Fame” accolade during the central bank’s 14th awarding ceremony led by BSP Gov. Nestor Espenilla and Juan de Zuñiga, monetary board member and chairman of the board of judges on Tuesday.

Banks speed up distribution of EMV chip-equipped cards

2017-07-10 philstar
MANILA, Philippines - Banks are ramping up the distribution of debit and credit cards equipped with the Europay, Mastercard and Visa (EMV) chip to meet the one-year deadline set by the Bangko Sentral ng Pilipinas (BSP).

Most Asean stocks up as China manufacturing buoyant, Indonesia at six-week high

2017-07-03 themalaymailonline
Jakarta Composite Index rises to hit a six-week high after a long holiday break. — Reuters picSINGAPORE, July 3 — Most South-east Asian stock markets rose today, tracking broader Asia, as Chinese factory activityshowed a surprise recovery, adding to the evidence of steadying growth in the world's second largest economy.

Moody’s affirms BDO ratings, outlook

2017-07-01 philstar
MANILA, Philippines -  Moody's Investors Service  has affirmed its ratings for BDO Unibank Inc.'s local and foreign currency deposits and senior unsecured debt, with its outlook for the ratings remaining stable.

BDO piles up banking awards

2017-06-30 philstar
MANILA, Philippines -  BDO Unibank, the country’s biggest bank to date in terms of assets, was named Best Bank in the Philippines and awarded with a number of other accolades this year by various foreign financial publications.

China Bank gets ratings upgrade

2017-06-27 business.inquirer.net
Global credit rating agency Moody’s Investor Service has assigned an investment grade credit rating of “Baa2” to Sy family-led China Banking Corp. (China Bank) based on strong capitalization and support from key shareholders.

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