Masayoshi Son’s Japanese bankers worried about their favorite client
MASAYOSHI SON’S Japanese bankers are taking a hard look at their most important client.
Bill seeks to double deposit insurance
A CONGRESSMAN has filed a bill seeking to double the maximum deposit insurance to P1 million pesos.
Peso climbs as equities rebound
THE PESO ended stronger against the greenback on Thursday as global equities and the local stock market continued to recover.
BSP net income nearly halved in January to May
THE CENTRAL BANK posted lower net earnings in the first five months of the year as revenues fell due to the drop in its interest and miscellaneous income.
Peso strengthens after BoP, exports data
The peso continued to strengthen against the dollar Friday, buoyed by balance of payments and gross international reserves data.
The peso closed at P48.06 against...
Fed eyes rates as asset-price tool in subtle strategy shift
FEDERAL RESERVE policy makers are embarking on a subtle shift in strategy with potentially big implications for investors: using interest rates as a tool...
Peso weakens ahead of Fed meet
THE PESO weakened against the dollar yesterday ahead of the monetary policy meeting of the US central bank.
The local currency ended Monday’s session at...
Big banks’ NPLs rise in March
BAD DEBTS held by big banks posted a modest increase in March even as lending surged to hit nearly P8 trillion, latest central bank...
Geopolitical tensions cloud HSBC’s outlook
HSBC HOLDINGS Plc warned that geopolitical uncertainty in China, the US and the UK has made the prognosis for the year far less predictable after fourth-quarter earnings fell short of analysts’ estimates.
Banks’ rediscount borrowings increase in March
BANKS TAPPED more loans via the central bank’s rediscounting window in March, as credit for businesses and capital purchases rose during the period.
Green bonds can be used as central bank foreign exchange reserve assets, says BIS
LONDON — A new study by researchers at the Bank for International Settlements (BIS) has shown there would be few disadvantages for central banks to use “green” bonds as foreign exchange reserve assets.
Peso weakens slightly on lack of clarity from US-China trade deal
THE peso moved sideways on Friday on the back of a “disappointing” US-China phase one trade deal and as big data releases next week pushed investors to the sidelines.