Rates of T-bills, bonds may drop further
RATES of Treasury bills and bonds on offer this week could continue to decline to track secondary market levels ahead of the policy meetings...
PESONet, InstaPay transactions rise as of June
FUND TRANSFERS coursed through the PESONet and InstaPay continued to surge at end-June as more Filipinos use digital payment platforms, data from the Bangko...
BPI expects steady demand for loans
BANK of the Philippine Islands (BPI) expects steady demand for credit for the rest of the year, even after the slowdown seen in the...
Yields on government debt end lower
YIELDS on government securities (GS) mostly fell last week amid a lack of catalysts, with the result of a bond auction affecting rate movements,...
Peso may trade sideways ahead of Fed review
THE PESO may move sideways against the dollar this week amid expectations that the US Federal Reserve will hike borrowing costs anew at its...
BPI posts higher income in Q2
BANK of the Philippine Islands (BPI) saw its net income rise by 4.5% year on year in the second quarter amid an increase in...
LANDBANK, GSIS team up to boost service delivery
LAND BANK of the Philippines (LANDBANK) has signed a data-sharing agreement with the Government Service Insurance System (GSIS) to help boost the delivery of...
Finance readings for higher learning
By Benel D. Lagua
Teaching finance courses in both the undergraduate and graduate levels, I feel obliged to recommend US textbooks as the basic reference texts. Admittedly, these...
Peso inches lower vs dollar due to lingering recession concerns
THE PESO inched lower against the dollar on Thursday amid lingering recession fears as the Chinese central bank held its key lending rates steady...
TDF yields decline on dovish Fed bets amid easing inflation
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits went down on Wednesday, with investors betting on an extended tightening pause from the...
UnionBank rolls out ATMs to service US dollar withdrawals
UNION BANK of the Philippines, Inc. (UnionBank) has deployed three dollar-dispensing automated teller machines (ATMs), it said on Wednesday.
The first machine was set up...
Goldman CEO’s growth strategy gets traction with board — sources
NEW YORK — Goldman Sachs’ board supports Chief Executive Officer (CEO) David Solomon’s focus on its core Wall Street businesses and asset management, according...