BUENOS AIRES -- Argentina’s battered bonds and currency were driven still lower on Friday amid downgrades by three credit rating agencies and a new measure the central bank said was designed to “avoid any lack of money” and safeguard the liquidity of the country’s financial system.

BANK of the Philippine Islands (BPI) will issue its first two-year, 100-million Swiss franc-denominated, negative-yielding green bond, proceeds of which will be used to fund environmental projects through its Green Finance Framework.

THE PESO ended stronger on Friday ahead of the first tranche of the planned tariffs by the United States on some Chinese-made goods on Sept. 1.

IN A COUNTRY where cash still remains king, majority of Filipinos are starting to embrace cashless payments, Visa, Inc. said in a report.

KUMAMOTO, Japan — A Bank of Japan (BoJ) board member warned of potential dangers if the central bank’s already massive stimulus is ramped up, a view suggesting there is no consensus on how quickly it should ease policy again to head off the risk of recession.

TREASURY Secretary Steven Mnuchin said issuing ultra-long US bonds is “under very serious consideration” in the Trump administration, possibly setting up a move that would mark a historic revamp of the $16-trillion Treasuries market.

RURAL BANKERS Association of the Philippines (RBAP) has partnered with solutions provider TransUnion Philippines for credit information sharing, which is expected to boost financial inclusion among Filipinos and strengthen the banking sector.

It was full house at the Martha Stewart Leadership event sponsored by ANC at Sofitel. Who is Martha Stewart? Why is she such a big celebrity? She is the first self-made American woman billionaire who has consistently reinvented herself. She is the icon in lifestyle, baking and gardening, among others, and has built an empire in publishing and selling many Martha Stewart home items.

THE PESO finished stronger on Thursday ahead of an expected downward revision in US economic growth data.

WEAK APPETITE for term deposits pushed yields higher on Wednesday as bids for the facility continued to fall below the central bank’s offer for this week.

THE UNITED Coconut Planters Bank (UCPB) has offered its digital platform to the Home Development Mutual Fund or Pag-IBIG Fund to help with electronic disbursements of loans and benefits to its 14 million members.

LONDON — Britain’s most costly consumer banking scandal could yet have a sting in the tail even after an August 29 compensation deadline, as a 1 billion pound claims industry takes its fight to the courts.