Yields on government debt climb before PHL inflation, US jobs data
YIELDS on government securities (GS) climbed last week as expectations of strong US jobs data and slower Philippine inflation pushed yields higher.
Peso may move sideways ahead of key US data
THE PESO is expected to trade sideways against the dollar this week ahead of the release of US economic data that could affect the...
BSP may hike rates further as Fed maintains hawkish stance
BANK of the Philippine Islands (BPI) expects the Bangko Sentral ng Pilipinas (BSP) to hike borrowing costs by at least one more time this...
The future of money
By Reynaldo C. Lugtu, Jr.
Money has been an integral part of human civilization, serving as a medium of exchange, store of value, and unit of account. However, with...
Peso weakens on tightening view
THE PESO continued to weaken against the dollar on Thursday as minutes of the US Federal Reserve’s June meeting affirmed views of further tightening.
The...
Term deposit yields decline on slower June CPI
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits went down on Wednesday as inflation eased for a fifth straight month in June,...
Filipinos still reluctant to use credit products
MANY FILIPINOS have an understanding of credit concepts but remain hesitant to tap these products for transactions, TransUnion Philippines said.
TransUnion’s inaugural Credit Perception Index...
Peso drops as investors await minutes of Fed’s June meeting for policy hints
THE PESO fell against the dollar on Wednesday on expectations of hawkish signals from the minutes of the US Federal Reserve’s meeting last month.
The...
Gov’t partially awards T-bonds as rates climb on hawkish Fed
THE GOVERNMENT partially awarded the reissued 10-year Treasury bonds (T-bonds) it auctioned off on Tuesday at a higher average rate following hawkish signals from...
ASA Philippines raises P5B via gender bonds
ASA Philippines Foundation, Inc. (ASA) has raised P5 billion from five-year fixed-rate notes classified as gender bonds.
“ASA Philippines Foundation, Inc., the country’s leading microfinance...
RBA holds rates, signals more hikes
SYDNEY — Australia’s central bank on Tuesday held interest rates steady saying it wanted more time to assess the impact of past hikes, but...
Peso up ahead of inflation data
THE PESO strengthened against the dollar on Tuesday as the market expects slower June inflation.
The local currency closed at P55.23 versus the dollar on...