BSP eyes tighter rules on transaction fees for consumers, merchants
THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to tighten its rules on the pricing mechanisms for transaction fees charged by financial institutions and...
GCash, Cebuana Lhuillier Bank launch savings account via GSave
ELECTRONIC WALLET GCash has partnered with rural lender Cebuana Lhuillier Bank to launch an in-app savings account that offers high interest rates.
Under the partnership,...
Peso snaps three-day climb as trade woes linger
THE PESO weakened anew against the dollar on Monday, snapping its three-day rise, as better-than-expected US jobs data supported bets that the US Federal...
Treasury bills, bonds may end mixed amid market volatility
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could end mixed as market volatility and recession fears due...
Yields on central bank securities drop further
YIELDS on the central bank’s short-term securities ended lower on Friday as both tenors were oversubscribed, even as total demand declined from the previous...
Debt yields inch lower as focus turns to data
YIELDS on government securities (GS) were mixed last week as focus turned to local economic data, with the market continuing to monitor global trade developments...
Peso may stay at P55 level with dollar still under pressure due to tariff...
THE PESO may stay at the P55 level this week as the dollar may remain under pressure as markets await developments in the ongoing...
UnionBank targets ‘better’ net income this year
UNION BANK of the Philippines, Inc. (UnionBank) targets to post a higher net income this year as it expects continued growth in its consumer...
Asialink expands into real estate lending
ASIALINK Finance Corp. is now offering real estate loans to individuals and small and medium enterprises (SMEs).
Asialink is offering three real estate products, namely...
Fed signals rates will be steady despite bets on looming cuts
US FEDERAL RESERVE policymakers have signaled that short-term interest rates will remain unchanged as they wait for clearer signs that inflation is nearing the...
Japan, China, South Korea, ASEAN to expand currency swap program, Nikkei says
TOKYO — Japan, China, South Korea and the Association of Southeast Asian Nations (ASEAN) countries are expected to expand their emergency currency swap program...
BoJ keeps rates unchanged, cuts growth forecasts on US tariffs hit
TOKYO — The Bank of Japan (BoJ) kept interest rates steady and sharply cut its growth forecasts on May 1, suggesting uncertainty surrounding US...
