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FLORENCE – First Metro Bank is proud to announce the creation of a new position focused solely on the development, growth, and success of the community bank’s financial literacy program.  Jerra Burden will serve as Financial Literacy Coordinator focusing on the Bank’s six student-operated branches inside of local high schools across North Alabama, their involvement in the American Bankers Association’s “Teach Children to Save” program and other relative educational topics, such as elder financial abuse prevention, that will promote financial awareness in the ...

Monde Nissin draws GIC, Fidelity as cornerstone investors for PH IPO: Report Photo by ikhsan baihaqi on Unsplash May 10, 2021 Monde Nissin Corp is reportedly in talks with a number of investors, including Singapore’s sovereign wealth fund GIC, financial services group Fidelity International, and Hong Kong insurer AIA Group to become cornerstone investors in its initial public offering (IPO) in the Philippines. According to a Bloomberg report, Monde Nissin, which sells Lucky Me! instant noodles in the Philippines and meat substitute Quorn in Europe, is in deliberations with these investors f...

Philippine food maker Monde Nissin Corp has revised its IPO target $1bn after setting the final price of its listing at 13.50 pesos each.

BENGALURU (March 15): Philippine shares fell sharply on Monday, as rising Covid-19 cases prompted new local restrictions, while the latest rise in US bond yields quelled appetite for the region's other emerging markets. Stocks in India and China fell more than 1%, while in Southeast Asia, Singapore and Malaysia eked out gains as the US$1,400 direct payments from the US$1.9 trillion US package make their way to households.    Yields on US 10-year Treasuries hit 13-month highs above 1.64% on Friday, sapping appetite for Asia's high-yielding bonds, and the currencies that back them, as well as...

People wearing masks for protection against the coronavirus disease (Covid-19) pass a mural dedicated to healthcare workers, in Pasig City, Metro Manila. - Reuters SINGAPORE, March 15 (Reuters): Philippine shares fell sharply on Monday, as rising Covid-19 cases prompted new local restrictions, while the latest rise in US bond yields quelled appetite for the region's other emerging markets. Stocks in India and China fell more than 1%, while in South-East Asia, Singapore and Malaysia eked out gains as the $1,400 direct payments from the $1.9 trillion U.S. package make their way ...