In deflation-hit China, one store holds flash sales four times a day
BEIJING/HONG KONG — Leo Liu, manager of the sprawling Wankelai store in the Chinese capital of Beijing, spoke into a microphone, announcing progressively steeper...
Peso declines on weak data, Trump tariff jitters
THE PESO weakened anew against the dollar on Monday, halting a five-day rally, after net inflows of foreign direct investments (FDI) fell to their...
T-bill, bond rates may be mixed
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be offered this week could be mixed, with overseas uncertainties affecting global bond...
BAP looking to open peso interest rate swap mart to foreign investors
THE BANKERS Association of the Philippines (BAP) wants to open the peso interest rate swap (IRS) market to offshore investors as the platform continues...
Yields on BSP’s short-term securities end mixed
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities ended mixed on Friday even with both tenors going oversubscribed.
The BSP bills fetched bids...
Debt yields inch up as Trump rattles markets
YIELDS on government securities (GS) ended mixed last week amid continued uncertainty over US President Donald J. Trump’s tariff policies.
GS yields, which move opposite...
Peso may return to P56 level on cautious Fed
THE PESO could continue its climb this week and return to the P56-per-dollar level, with the US Federal Reserve on wait-and-see mode as it...
Tonik Digital Bank’s cumulative loan disbursements breach 1M
TONIK Digital Bank, Inc. has breached one million in cumulative loan disbursements, it said on Thursday.
“Reaching one million loans marks a major stride in...
Trump deregulation push boosts appeal of bond swap spread wideners
NEW YORK — A potential move by the US Federal Reserve to ease regulations on capital for US banks that would allow them to...
Chinabank, Manulife Philippines renew bancassurance partnership for 15 years
CHINA BANKING Corp. (Chinabank) has renewed its bancassurance partnership with The Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) through Manulife Chinabank Life Assurance...
Trade wars: friend or foe?
By EJ Qua Hiansen
US President Donald J. Trump has decisively launched a trade war by imposing tariffs on the nation’s three most significant trading partners: China, Canada,...
Peso inches higher on soft US economic reports
THE PESO extended its rise on Thursday to hit a new near five-month high against the dollar as concerns over a slowing US economy...