Peso surges on GIR data, hopes of slower Fed hikes
THE PESO surged against the dollar on Monday on bets of slower rate hikes from the US Federal Reserve and as the Philippines’ gross...
Rates of Treasury bills, bonds to climb on Fed hike expectations
RATES of government securities on offer this week could climb amid expectations of more US Federal Reserve hikes despite mixed economic data released last...
MUFG expects peso to rebound in 2nd half
MUFG Global Markets Research expects the peso to strengthen against the dollar in the second half of the year as it sees inflation easing...
Yields rise on inflation, US jobs data
YIELDS on government securities (GS) edged up last week as headline inflation hit a new 14-year high in December.
GS yields, which move opposite to...
Peso may move sideways amid data releases
THE PESO may move sideways against the dollar this week, with the market to monitor data at home and in the United States for...
BSP seeks to tighten rules on reporting threats
THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to tighten its guidelines on risk reporting and notification requirements of financial institutions to improve the...
UnionBank sets final price for rights offer
UNIONBANK of the Philippines, Inc. set the final price for its stock rights offering (SRO) at P56.88 per share, a 36.65% discount from its...
Rebirth of Poblacion, Makati
By J. Albert Gamboa
FROM a laid-back community in the 1980s, Barangay Poblacion in Makati City has evolved to become one of the “50 Coolest Neighborhoods in the...
Peso rebounds on Dec. inflation data, Fed minutes
THE PESO rebounded against the dollar on Thursday on slower-than-expected December inflation and following the release of the minutes of the US central bank’s...
Yields on term deposits rise on oil, rate hike bets
YIELDS on the term deposits of the Bangko Sentral ng Pilipinas (BSP) ended higher on Wednesday as global oil prices settled among one-month highs...
Gov’t fully awards 7-year bonds on strong demand
THE GOVERNMENT fully awarded the reissued seven-year Treasury bonds (T-bonds) it auctioned off on Wednesday on the back of strong demand after the holidays.
The...
BPI working to correct double posting of clients’ transactions
THE BANGKO SENTRAL ng Pilipinas (BSP) is “closely coordinating” with the Bank of the Philippine Islands (BPI) after the listed lender reported an issue...