THE ASIAN Development Bank (ADB) has so far disbursed $76.79 million to support the Philippines in creating a pipeline of infrastructure projects that may be implemented by the next administration.

LONDON — With banks’ bond trading desks increasingly going electronic, another of the last bastions of old-school banking — the business of helping companies and countries raise capital — may be about to succumb to the tide of technology.

THE PESO could trade sideways this week after the less dovish remarks from the US Federal Reserve chair’s speech last Friday.

DEVELOPMENTS abroad caused yields on government securities (GS) to end flat last week as investors awaited the pronouncements from the US central bank on the direction of its monetary policy moving forward.

JACKSON HOLE, WYO. -- It’s a maxim for private investors: Don’t fight the Fed.

JACKSON HOLE, WYO. -- Federal Reserve Chair Jerome Powell said the central bank would “act as appropriate” to keep the US economy healthy in a deteriorating global economy, but stopped short of committing to rapid-fire rate cuts and drew fire from President Donald Trump.

JACKSON HOLE, WYO. -- Bank of England (BoE) Governor Mark Carney took aim at the US dollar’s “destabilizing” role in the world economy on Friday and said central banks might need to join together to create their own replacement reserve currency.

FRANKFURT -- Germany’s economy has weakened but it is too early for major economic stimulus from the government or the European Central Bank (ECB), Bundesbank President and ECB policy maker Jens Weidmann was quoted as saying on Saturday.

THE peso weakened against the dollar on Friday on the back of less dovish remarks by the US Federal Reserve ahead of its chairman’s speech.

EARNINGS at state-owned Development Bank of the Philippines (DBP) rose 12.3% from a year earlier to P3.1 billion in the first half, boosted by lending growth, the bank said in a statement on Friday.

MORE foreign capital went into the country in July to yield a net inflow, snapping four consecutive months of outflows, the central bank reported on Thursday.

WASHINGTON — Federal Reserve policy makers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on a preset path to more cuts, a message not likely to sit well with US President Donald Trump.