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BPI shortens Sinag offer following strong demand

BANK of the Philippine Islands (BPI) on Friday said that it had cut short the offer period for its one-and-a-half-year, peso-denominated fixed-rate sustainability bonds amid strong demand. In a disclosure, the Ayala-led bank said the offer period for its Supporting Inclusion, Nature, and Growth (BPI Sinag) bonds due 2026 would …

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Japan auto suppliers face pressure from US tariffs

TAKASAKI, Japan — The tariffs imposed by United States President Donald Trump in Japan, particularly the 25 percent on automobiles, is causing​ problems for the country's auto parts suppliers. This, as Japan's top trade negotiator, Ryosei Akazawa, headed to Washington on Friday for a third round of talks. The problems …

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Google faces probe over Character.AI deal

THE US Department​ of Justice (DOJ) is probing whether Alphabet's Google violated antitrust law in its agreement with Character.AI that allows the tech giant to use the artificial intelligence (AI) startup's technology, Bloomberg Law reported on Thursday. Antitrust enforcers have recently told Google they are examining whether the company structured …

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Trump mulls privatizing Fannie Mae, Freddie Mac

WASHINGTON, D.C. — President Donald Trump on Wednesday said he was considering selling off US mortgage-backing giants Fannie Mae and Freddie Mac almost two decades after they were brought under government control during a global financial crisis. The move, if confirmed, could resolve an issue that has dogged administrations as …

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Trump administration revokes Harvard’s ability to enrol international students

The Trump administration revoked Harvard University’s ability to enrol international students on Thursday. Current students will be forced to transfer to other schools or lose legal status, the U.S. Department of Homeland Security said. Harvard calls move unlawful, pledges support for foreign students. U.S. President Donald Trump’s administration revoked Harvard …

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