Trump says he still might fire Powell as Fed chair pick looms
PRESIDENT Donald Trump teased that he has a preferred candidate to be the next chair of the Federal Reserve, but is in no hurry...
Benchmark Japan bond yields extend steepest annual surge since 1994
TOKYO — Benchmark Japanese government bonds (JGBs) fell on Tuesday in the final trading day of a year that has seen the sharpest jump...
Dollar steady ahead of Fed minutes in sluggish end to 2025
SINGAPORE — The US dollar was steady on Tuesday ahead of the Federal Reserve’s release of its December minutes report, which is expected to...
LANDBANK eyes ‘stable’ start to 2026 on sustained profitability
STATE-RUN Land Bank of the Philippines (LANDBANK) aims to post steady profits next year, with the lender also having enough safeguards against potential asset...
FCDU loans drop to $15.1 billion at end-September
OUTSTANDING LOANS granted by banks’ foreign currency deposit units (FCDU) dropped by 5% quarter on quarter as of September, the Bangko Sentral ng Pilipinas...
Bank Indonesia set to revamp benchmark for money market
INDONESIA is set to phase out a key money-market benchmark this week, concluding a years-long transition to align with global standards.
Bank Indonesia (BI) will...
Yen stages partial recovery as BoJ hikes, intervention risks weighed
TOKYO — The yen recovered some ground on Monday following a steep drop at the end of last week as markets weighed the timing...
Peso seen range-bound amid thin trading volume
THE PESO is expected to move sideways against the dollar this shortened trading week as market activity is likely to be sluggish amid the...
BSP securities fetch higher average rate
THE CENTRAL BANK’S one-month securities saw its average rate go up on Friday, even as the offering was oversubscribed.
Total bids for the Bangko Sentral...
Gov’t debt yields end higher on hawkish Fed bets
YIELDS on government securities (GS) mostly climbed last week as investors took a defensive stance amid the holidays and amid bets on a hawkish...
Security Bank to ramp up digital transformation
SECURITY BANK Corp. will continue to invest in technology to advance the digital transformation of its services, it said on Sunday.
The bank said that...
Banking system’s strength to support economy
THE PHILIPPINE banking sector’s continued strength can provide a catalyst for economic activity, the Bangko Sentral ng Pilipinas (BSP) said.
This comes amid dismal growth...