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Banking 21 Sep 2020 | 7:00 AM

Philippines central bank warms up to digital money

MANILA: The Philippines central bank governor Benjamin Diokno says the technology behind digital tokens can improve delivery of financial services, as the regulator proceeds to study the feasibility of its own digital currency.

Economy 24 Jul 2020 | 5:08 PM

Hong Kong Exchange Fund 1H investment loss at HK$10.6b

HONG KONG: Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted investment loss of HK$10.6 billion ($1.37 billion) in the first half of 2020, the Hong Kong Monetary Authority (HKMA) said on Friday.