NEW YORK -- Philadelphia Federal Reserve Bank President Patrick Harker said on Tuesday he did not support the Fed’s last rate cut in October and that the central bank should keep policy steady.

TOKYO -- Economists are largely split on the Bank of Japan’s next move, according to a Reuters poll, with a growing number saying the central bank would unwind stimulus as its next course of action.

THE PESO weakened on Wednesday amid worsening political tensions in Hong Kong and negative developments in the US-China trade negotiations.

THE GOVERNMENT made a full award of the reissued 10-year Treasury bonds (T-bond) it auctioned off yesterday as rates settled within expectation as the market expects the central bank to halt its easing cycle as it reviews policy settings this week.

LONDON — British banking heavyweights HSBC and RBS are launching new digital banking platforms, as competition for digitally savvy customers steps up in the face of a wave of online startups.

HONG KONG — Swiss bank UBS was fined HK$400 million ($51.09 million) by Hong Kong’s securities regulator for overcharging up to 5,000 clients for nearly a decade, the watchdog said on Monday.

THE PESO bounced back on Tuesday as the market took a wait-and-see approach amid global trade uncertainties and a possible pause in the central bank’s monetary policy.

EAST WEST Banking Corp.’s (EastWest Bank) net earnings surged at end-September from higher revenues due to fees, improved margins, higher gains from trading activities, as well as lower credit costs.

TOKYO — Bank of Japan (BoJ) policy makers debated whether extra easing measures were needed to hit the central bank’s inflation target at its last policy meeting, a summary of opinions showed on Monday, as heightened risks threatened a fragile economic recovery.

STATE-OWNED Development Bank of the Philippines (DBP) successfully raised P18.125 billion via sustainability bonds to finance eligible projects.

LOANS TAKEN OUT by banks from the central bank’s rediscount window rose in October from the previous month, data from the Bangko Sentral ng Pilipinas (BSP) showed.

DBS GROUP Holdings Ltd. expects profit will keep growing next year despite mounting headwinds, after Southeast Asia’s biggest bank posted better-than-estimated results in the third quarter.