YIELDS ON term deposits ended mixed on Thursday as banks preferred the longer tenors in anticipation of a long weekend as well as the release of the central bank’s August inflation forecast next week.

SYDNEY — Australia’s market watchdog on Wednesday said it plans to ban the sale of “binary” options to retail customers and introduce restrictions on sales of other derivative instruments seen as high-risk transactions.

INDIA IS stamping out shadow financiers at the fastest pace in recent years, in the latest blow to a beleaguered sector battling a prolonged funding crunch due to rising wariness toward it in the nation’s credit markets.

INDONESIA cut interest rates for a second straight month to spur an economy facing increasing risks from a global slowdown and intensifying trade war.

Dr. Jesus Estanislao of the Institute of Corporate Directors once graced a governance forum at the Development Bank of the Philippines (DBP) where he extolled the values of integrity, fairness and accountability in all that we do. Being a development bank, he asked DBP to remember they work not just for the themselves and the institution but for a larger community, not just for today but for the future.

THE PESO moved sideways on Thursday following the release of minutes of the US Federal Reserve’s July meeting and as markets stayed on the sidelines ahead of the US central bank chief’s Jackson Hole speech.

THE CENTRAL BANK wants to review Overseas Filipino Bank’s (OFBank) business model first and then issue new regulations if needed as the lender seeks to go digital, a senior official said.

THE WON rose sharply on Wednesday on signs of easing in Japan’s curbs on exports to South Korea, while other Asian currencies strengthened against a defensive dollar ahead of a symposium of global central bankers.

OVERSEA-CHINESE Banking Corp. (OCBC) is in talks with companies including Singapore Telecommunications Ltd. about seeking one of the city-state’s planned virtual bank licenses, according to people familiar with the matter.

SHANGHAI — In a Shanghai room packed with small businesses ranging from furniture makers to garment exporters, Zhu Yuan, a currency expert at Bank of Communications, explains why Chinese companies need to build their defenses against currency volatility.

THE US ECONOMY doesn’t appear to be headed toward a recession, Federal Reserve Bank of San Francisco President Mary Daly said.

THE PESO will likely end on a weaker note today after the release of the minutes of the US Federal Reserve’s July policy meeting.