Powell says Fed can ‘wait and see’ how war affects inflation
CAMBRIDGE, Massachusetts — Federal Reserve Chair Jerome Powell on Monday said the US central bank can wait to see how the Iran war affects...
Bond market activity may slow as war drives up rates
CORPORATE BOND issuances and trading could slow this year due to the Middle East war, which could stoke inflation and increase the possibility of...
IC sets deadlines for MBAs’ adoption of new frameworks on reserve valuation, capital
THE Insurance Commission (IC) said mutual benefit associations (MBA) must adopt new regulatory frameworks on reporting, reserve valuation, and risk-based capital in their financial...
Japan steps up yen intervention threats, signals rate-hike chance
TOKYO — Japan stepped up yen intervention threats and signaled that further falls in the currency could justify a near-term interest rate hike, as...
InLife market share now at 7.5%
INSULAR LIFE Assurance Co., Ltd. (InLife) has achieved a 7.5% market share in the Philippines’ life insurance industry following strong new business growth last...
Peso may extend its slide on war-driven uncertainty
THE PESO could sink further against the dollar this week as uncertainty around energy supply persists due to the Middle East war.
On Friday, the...
SSS explores possible relief measures for members, employers
THE SOCIAL Security System (SSS) is exploring the possibility of offering a loan moratorium for members and a condonation program for contribution penalties for...
Debt yields rise as mart bets on BSP tightening
YIELDS on government securities (GS) traded at the secondary market closed mostly higher last week as investors priced in a potential rate hike from the Bangko Sentral ng Pilipinas (BSP) amid growing inflation concerns due to elevated global oil prices.
BSP securities fetch higher rate
THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities fetched a higher average yield on Friday, with the regulator capping its award even as the...
BSP’s market operations mop up P1.2T in liquidity
THE BANGKO SENTRAL ng Pilipinas (BSP) has mopped up over P1 trillion in excess money supply from the market through its monetary operations as...
New research paper charts path toward smaller Fed balance sheet
IF THE US Federal Reserve truly wants a smaller balance sheet, it can get there with regulatory changes, tweaks to the payment system and...
Peso sinks further as market eyes Iran deal
THE PESO slid further against the dollar on Thursday due to lingering uncertainty over the war in the Middle East as markets awaited clearer...