August 16, 2025

World

Investment

Will new South Korean administration attract more foreign investment?

South Korean President Lee Jae Myung delivers a speech during a press conference to mark his first 30 days in office at the Yeongbingwan, the state guest house of the Blue House, in Seoul in early July. File photo by Kim Min-Hee/EPA/Pool Aug. 14 (UPI) — The South Korean government will hold a special event

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Crypto

Venture capitalists are funding a new wave of crypto mania on college campuses

As crypto’s reputation undergoes a cautious rehabilitation in the court of public opinion, venture capital firms are funding a new wave of blockchain activity on college campuses. A group of specialist digital-asset investors — including Collab+Currency, Consensys Mesh, Artemis and Hydra Ventures — has pooled together roughly 600 Ether, the world’s second-largest cryptocurrency and widely

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Funds

Korea’s private equity funds facing more regulations

A banner hangs at the head office of MBK Partners in Seoul, criticizing the private equity fund’s investment in Home Plus. Unionists of the discount chain made it. Photo by Tae-gyu Kim/UPI July 23 (UPI) — South Korea plans to strengthen regulations on private equity funds after the controversial investment by MBK Partners in troubled

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Crypto

The cryptocurrency week craze swept the world, WinnerMining free cloud mining APP helps users easily earn BTC and XRP with zero investment on their mobile phones

The cloud mining market is upgraded again, WinnerMining opens a new era of mobile mining Norwich, United Kingdom, July 15, 2025 (GLOBE NEWSWIRE) — Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to

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Loans

Big Beautiful Bill Summary: How Will it Affect Student Loans, Tax Cuts, Child Support and More

President Donald Trump on 4 July signed the ‘One Big Beautiful Bill Act‘, a sweeping tax and spending package legistation reshaping America’s economic landscape. Passed by the Senate with Vice-President JD Vance’s tie-breaking vote, this legislation extends Trump’s 2017 tax cuts, funds border security, and slashes social safety nets, impacting students, families, seniors, and low-income

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Banking

OCBC Premier Banking celebrates strong business growth, credits ‘twin-hub’ strategy

Driven by strong demand for wealth management and insurance solutions in Asia, OCBC posted record financial results for the third year in a row. The Singapore-based bank reported a net profit of S$7.6 billion (US$5.9 billion) for its 2024 financial year, and total income rose by 7 per cent to S$14.5 billion. Within the year,

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Finance

Japan Finance Ministry: Missing documents in Moritomo scandal were discarded

Japan’s Finance Ministry says it believes some of the documents related to a controversial sale of state-owned land were discarded before they could be disclosed. Akagi Toshio, who worked for a regional bureau of the ministry in western Japan, was forced to falsify documents on the heavily discounted sale of state-owned land to school operator

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Crypto

Wanna scan your iris for crypto? Sam Altman’s orb comes to U.S.

Table of Contents Table of Contents How it works Want to sign up? OpenAI chief Sam Altman launched his World crypto project in 2023, and now it’s coming to the U.S. in a big way. The sci-fi-sounding initiative uses an orb to scan your iris to create your very own World ID, which the company

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Banking

Backbase launches world’s first AI-powered Banking Platform, putting banks back in Growth Mode

Industry pioneer redefines what a banking platform is in the era of AI, and delivers both the technology and talent to drive remarkable growth Backbase CEO & Founder Jouk Pleiter Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that

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Finance

Moritomo papers disclosed to widow of former Finance Ministry official

Japan’s Finance Ministry has disclosed documents related to a scandal over the sale of state-owned land to school operator Moritomo Gakuen. The widow of an employee of the ministry’s regional bureau received them on Friday. Akagi Masako visited the ministry with her lawyers to receive the papers. Her late husband, Akagi Toshio, killed himself after

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