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Authorities lament lack of cooperation from Metrobank in robbery probe

ABS-CBN News
Posted at Jul 12 06:21 PM

Authorities on Friday disclosed it took 2 hours before they were allowed to investigate Thursday’s robbery at Metrobank branch in Binondo district, citing the management’s lack of cooperation. Read more »

Robbers strike bank in Manila in broad daylight

ABS-CBN News
Posted at Jul 11 11:30 PM

Manila Mayor Isko Moreno faced his first peace and order challenge after bank robbers staged a daylight heist in the city's Binondo district. Read more »

Gov’t, ADB ink $1.3B initial financing for Malolos-Clark railway

Arianne Merez, ABS-CBN News
Updated as of Jul 12 05:33 AM

MANILA - The Philippines on Thursday inked the initial $1.3 billion financing deal with the Asian Development Bank for the construction of the Malolos-Clark railway.   Read more »

Grab offers P50K for information on Binondo bank robbers

ABS-CBN News
Posted at Jul 11 07:37 PM

The statement came after one of the suspects reportedly wore a jacket usually worn by Grab drivers.  Read more »

Dakila takes oath as new BSP Deputy Governor, succeeds Guinigundo

ABS-CBN News
Posted at Jul 11 06:42 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno administered the oath of office on Thursday to Francisco Dakila Jr. as BSP Deputy Governor.  Read more »

'You cannot escape': P1-M pabuya alok ni Isko vs nagnakaw sa bangko sa Binondo

ABS-CBN News
Posted at Jul 11 11:57 AM

MAYNILA (UPDATE) - Nag-alok na ng P1-milyong pabuya si Manila Mayor Isko Moreno para sa ikadarakip ng tinatayang pitong suspek na nanloob sa sangay ng Metrobank sa Binondo, Maynila Huwebes ng umaga. Read more »

'Adulting' tips for fresh college graduates

ING Bank
Posted at Jul 11 11:49 AM

A transition to adulthood means bigger responsibilities and riskier decisions. Here's some tips to make it easier. Read more »

Sangay ng Metrobank sa Binondo, nilooban umano

Johnson Manabat, ABS-CBN News
Updated as of Jul 11 08:10 PM

MAYNILA - Isang bangko ang umano'y nilooban ng dalawang lalaki sa Binondo, Maynila, Huwebes ng umaga. Read more »

FDI net inflows down 11.8 percent in April

ABS-CBN News
Updated as of Jul 10 05:01 PM

The Philippines booked $961 million in net inflows of foreign direct investments in April, down 11.8 percent from the same month a year ago.  Read more »

THE DAY IN PHOTOS: July 9, 2019

ABS-CBN News
Updated as of Jul 09 11:49 PM

Here are the big stories today in photos. Read more »

Expert: More info needed to determine who is responsible for Reed Bank incident

ABS-CBN News
Posted at Jul 09 11:12 PM

An expert on Chinese Studies believes Chinese authorities will hold accountable the Chinese fishermen who rammed a Filipino fishing boat in Reed Bank. Read more »

'PCG-Marina report sa Recto Bank sapat na para panagutin ang China'

ABS-CBN News
Posted at Jul 09 07:57 PM

Sapat na umano ang ulat ng awtoridad ng Pilipinas para kasuhan ang mga responsable sa insidente sa Recto Bank.   Read more »

Malacañang: Identity of Chinese crew in Recto Bank incident not important

ABS-CBN News
Posted at Jul 09 06:59 PM

The identity of the fishers of the Chinese vessel involved in the Recto Bank incident is not important, Chief Legal Counsel and President Rodrigo Duterte's spokesman Salvador Panelo said Tuesday. Read more »

'West Philippine Sea is ours'

Ted Aljibe, AFP
Updated as of Jul 09 09:16 PM

Protesters carrying placards shout anti-China slogans during a rally near Malacanang Palace in Manila on Tuesday. Read more »

Deutsche Bank careers end in an envelope, a hug and a cab ride

Sumeet Chatterjee, Navdeep Yadav and Matt Scuffham, Reuters
Posted at Jul 09 08:11 AM

Deutsche Bank confirmed on Sunday that it was closing huge parts of its trading businesses, with staff in its equities division in Sydney and Hong Kong among the first to be told their roles would go. Read more »

Palace touts Duterte's record-high rating despite Recto Bank incident

ABS-CBN News
Updated as of Jul 09 12:33 PM

President Rodrigo Duterte's record-high satisfaction rating amid the Recto Bank incident proves that more Filipinos trust his "honest intentions," Malacañang said Tuesday. Read more »

Coast Guard, MARINA say Reed Bank incident a 'very serious marine casualty'

ABS-CBN News
Posted at Jul 09 12:08 AM

Philippine maritime authorities identify lapses supposedly committed by Filipino fishermen, whose boat was hit and sunk by a Chinese ship in the Reed Bank. Read more »

OPINION: Did no one tell Panelo that 'Reed Bank' has no shoreline since it is completely under water?

Raïssa Robles
Posted at Jul 08 01:11 PM

Reed Bank, which is completely under water and only 85 nautical miles from Palawan, “is on the Philippines’ continental shelf," which means the Philippines has "sovereign rights" to explore and exploit its natural resources. Read more »

Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job cuts begin

Paulina Duran and Sumeet Chatterjee, Reuters
Posted at Jul 08 12:28 PM

The German bank launched the restructuring on Sunday in Europe, outlining a plan that will ultimately cost 7.4 billion euros ($8.31 billion) and see it dramatically scale back its investment bank - a major retreat after years of working to compete as a major force on Wall Street. Read more »

Deutsche Bank to cut 18,000 jobs in 7.4-billion euro overhaul

Tom Sims and Hans Seidenstuecker, Reuters
Posted at Jul 08 08:11 AM

The plan represents a major retreat from investment banking by Deutsche Bank, which for years had tried to compete as a major force on Wall Street. Read more »