More than three-quarters of UK workers are not on track to achieve a “moderate” standard of living in retirement.

Financial literacy among American adults has declined to its lowest level in a decade, according to the TIAA Institute’s 2026 financial literacy assessment.

PayPal, once a pioneer of online checkout, is facing increasing competition nearly three decades after its founding.

JPMorgan Chase CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong after months of clashes between the banking and crypto sectors over a major crypto bill.

Surging Treasury yields are raising concerns about the United States’ ability to manage its growing national debt.

Goldman Sachs has reportedly secured the lead underwriting role for SpaceX’s anticipated stock market debut, in what could become one of the largest public offerings in history.

Philippine National Bank announced that its board of directors approved a special cash dividend of ₱1.10 per common share, representing approximately 7% of its 2025 net income.

Japan’s government is likely to issue fresh debt to help fund a planned supplementary budget aimed at cushioning the economic impact of the Middle East conflict.

A new era of elevated borrowing costs may be emerging as war-driven inflation concerns intensify in the US bond market, pushing 30-year Treasury yields toward a two-decade high above 5%, Bloomberg reported. Group of Seven finance ministers are expected to discuss the bond market turmoil at an upcoming meeting. US Treasuries extended losses in Asia after posting their worst weekly performance in a year, as renewed gains in oil prices added to inflation worries. Recent data sug

UK government borrowing costs climbed to an 18-year high while the pound weakened amid political uncertainty surrounding the Labour Party leadership contest.

Bonds from Tokyo to New York extended losses as rising energy prices from the ongoing Middle East conflict fueled inflation fears and increased investor bets on rate hikes by global central banks.

The Asian Development Bank (ADB) has offered up to $1.75 billion in additional funding support to help the Philippines mitigate the economic impact of tensions involving Iran as conflict in the Middle East continues.

Vice President JD Vance announced Wednesday that the Trump administration is withholding $1.3 billion in Medicaid payments to California and warned that federal funding to other states could also face suspension if authorities fail to aggressively address Medicaid fraud.

Major U.S. banks reported strong trading revenues during the first quarter of 2026 as volatility linked to the Iran conflict boosted activity across financial markets.

BlackRock is attempting to recover funds tied to a defaulted private credit loan in China, in a case that could test perceptions of Asia as a relatively safer market for private credit investments.

HSBC set aside $400 million related to an alleged fraud in private markets, weighing on its quarterly results. Shares fell more than 5% in London.

The fast-growing private credit industry’s deepening links with traditional banks and asset managers could pose risks to the global financial system.

Metropolitan Bank & Trust Company reported a net income of P12.6 billion in the first quarter of 2026, supported by loan growth, improved margins, and higher fee-based income.

Philippine National Bank has rolled out higher InstaPay transaction limits for business clients, becoming the first bank in the country to offer transfers of up to P500,000 per transaction.

Elon Musk’s relationship with OpenAI has long been strained, and recent court testimony suggests his views on cryptocurrency have also shifted.

Philippines-based Salmon Group has secured $100 million in fresh financing to accelerate the growth of its digital banking and lending platform in the country.

Philippine National Bank (PSE: PNB) reported a net income of ₱6.37 billion for the first quarter of 2026, marking a 5% year-on-year increase, supported by steady growth in core income.

East West Banking Corporation (EastWest) declared cash dividends totaling ₱1.8 billion, equivalent to ₱0.82 per share, for shareholders on record as of May 11, 2026.

China Banking Corporation (Chinabank) reported a net income of ₱6.8 billion in the first quarter of 2026, up 4% year-on-year, driven by strong core business growth.