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Philippine central bank stays hawkish on policy

Bloomberg The Philippines central bank remains guarded on monetary policy and is keeping a hawkish bias, Deputy Governor Diwa Guinigundo said, indicating it’s not ready to cut interest rates just yet. “We are more on the hawkish side in the sense that we recognize the risks on the market,” he said in an interview with Bloomberg TV’s Nejra Cehic from ...

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EY probed as Swedbank hires firm in laundering review

Bloomberg EY, the accounting firm engaged by Swedbank AB following a report that the lender was involved in money laundering, is being probed in Denmark over the Estonian dirty-money scandal surrounding Danske Bank A/S. The investigation of EY has been running since October, after Danske admitted that much of the $230 billion that flowed through a tiny Estonian branch between ...

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Vietnam Airlines weighs buying up to 100 Boeing 737 Max jets

Bloomberg Vietnam Airlines is considering an order of 50 to 100 Boeing Co. 737 Max planes this year to replace its aging fleet of Airbus SE single-aisle aircraft and may also buy long-range jets in preparation for flights to California. The new aircraft will be for delivery between 2020 and 2030, Duong Tri Thanh, chief executive officer of the state-owned ...

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