IMF urges BoJ to target shorter maturity yields to ease strain
TOKYO — The International Monetary Fund (IMF) urged the Bank of Japan (BoJ) to consider steps to ease the strains caused by its ultra-loose policy on financial institutions, such as targeting a shorter maturity for its long-term bond yield target.
US Federal Reserve, trade war make $488-B Japan fund a Treasuries bull
JAPAN’S Asset Management One Co. has a bullish call on Treasuries. One for the long, long run.
BSP moratorium on fees affecting ATM density
THE PHILIPPINES is still behind its ASEAN neighbors in terms of automated teller machine (ATM) availability, according to estimates from the Bankers Association of the Philippines (BAP).
IC says two closed insurers operating under new names
THE INSURANCE Commission (IC) has found that two insurance firms it closed back in 2017 are now operating under new names, its top official said.
Can the Fed fight inequality? Kashkari says yes, hires ally
FROM BERNIE SANDERS to Warren Buffett, almost everyone says US inequality is a problem. In 2019, big ideas about how to solve it have been in the air. One of the most unlikely solutions is emerging from a far-flung corner of the Federal Reserve.
Peso strengthens on prospects of US-China deal
THE PESO appreciated on Monday on the back of positive developments in the US-China trade talks as well as US manufacturing data.
Yield on 20-year Treasury bonds to climb amid lack of fresh leads
THE government will likely see higher rates for its reissued 20-year Treasury bonds (T-bond) offer on Tuesday as the market stays on the sidelines amid a lack of fresh leads.
Generali said to eye bid for MetLife Europe assets by yearend
ASSICURAZIONI GENERALI SpA is preparing to make a formal bid for European assets of MetLife, Inc. after months of talks on the potential acquisition, people with knowledge of the matter said.
Peso likely to strengthen further amid inflow of OFW remittances
THE PESO may strengthen further this week as the inflow of remittances due to the upcoming holiday season support the currency.
Travel wallet YouTrip sees unstoppable baht as opportunity
YOUTRIP, the provider of a multi-currency travel wallet service in Asia, thinks it could be a beneficiary of Thailand’s high-flying baht.
Yields on government debt close flat on profit taking
YIELDS ON government securities moved sideways last week amid lack of market leads, prompting investors to take profit instead as the year comes to a close.
Deutsche Bank closer to easier capital hurdle
CHRISTIAN SEWING’S efforts to scale back Deutsche Bank AG are paying off, with authorities saying the lender is now less of a risk to the financial system.