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Tuesday, February 20, 2018

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A motorcycle passes a building of the Bangko Sentral ng Pilipinas in Manila. (REUTERS/Romeo Ranoco/File Photo / MANILA BULLETIN)

BSP cuts reserve ratio by 1 percentage point

By Reuters The Bangko Sentral ng Pilipinas said on Thursday it was reducing banks’ reserve requirement ratio by 1 percentage point, saying it will support its shift…

The San Francisco headquarters of Twitter, which on Thursday reported its first-ever quarterly profit. (AFP/File / JOSH EDELSON / MANILA BULLETIN)

Twitter hits milestone with first-ever profit

By Agence France-Presse Twitter on Thursday reported its first-ever quarterly profit, a key milestone that sent shares soaring at the social network which has lagged…

Marvin Goodfriend, nominee to join the Federal Reserve Board of Governors, speaks during a Senate Banking Committee hearing on Capitol Hill in Washington, U.S. January 23, 2018. (REUTERS/Aaron P. Bernstein / MANILA BULLETIN)

Trump Fed nominee narrowly survives committee vote

By Agence France-Presse An economist tapped by President Donald Trump to join the Federal Reserve's Board of Governors narrowly survived a procedural vote on Thursday,…