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NEW YORK: UBS will pay $1.4 billion to settle US charges that it defrauded investors in the sale of mortgage-backed securities, resolving the last big case stemming from the 2008 financial crisis, the Justice Department announced Monday.
HANOI: A severe power shortage in Vietnam caused by an intensely hot spell and unprecedented drought in May and June cost the country $1.4 billion, according to the World Bank.
PH trade deficit narrows to #4.4B in May
Petron hits net income of P3.4B in Q1 2023
Figure equivalent to 50% of Ukraine’s quota in IMF, to provide critical support in short term.