Peso weakens on US housing data amid easing Korean tensions
THE PESO weakened slightly against the dollar on Wednesday on the back of strong US housing data as well as easing geopolitical tensions on...
Gov’t raises P10B from 10-year T-bonds
THE GOVERNMENT raised P10 billion worth of reissued 10-year Treasury bonds (T-bonds) Tuesday, Apr. 17 as demand for the long-dated tenor recovered amid persistent...
Clarida picked as Fed vice-chair; Powell’s inner circle takes shape
US PRESIDENT Donald Trump announced his intention to nominate Richard Clarida, a respected monetary economist and Pacific Investment Management Co. global strategic adviser, as...
Barclays sounds out clients on trading cryptocurrencies
BARCLAYS PLC has been gauging clients’ interest in the British bank starting a cryptocurrency trading desk, potentially joining Goldman Sachs Group Inc. in pioneering...
Peso climbs on data
THE PESO strengthened slightly against the dollar on Tuesday as the pair traded sideways on the back of strong data from the US and...
T-bills partially awarded
THE GOVERNMENT made a partial award of the Treasury bills (T-bill) it planned to raise on Monday as investors flocked to the shorter tenors.
The...
IC approves Pru Life UK, Robinsons Bank sales deal
THE INSURANCE Commission (IC) has approved the bancassurance deal between Robinsons Bank Corp. and Pru Life UK.
In a statement sent to reporters on Monday,...
HK currency defense tops $1.2 billion
THE Hong Kong dollar remains stuck at the weak end of its currency band, even after the monetary authority plowed $1.2 billion into defending...
Peso drops on weak remittances
THE PESO weakened against the dollar on Monday as data on money sent home by Filipinos overseas in February came out weaker than expected.
The...
T-bills, T-bonds to track US rates amid Fed bets
YIELDS on government securities on offer this week will likely end mixed as investors track the movement of US bonds and wait for the...
Yields on gov’t debt rise on inflation expectations
MARKET EXPECTATIONS of faster inflation at home and developments abroad caused yields on local government securities (GS) to move upwards last week.
GS yields rose...
BSP looks to ease loan pricing rules
THE CENTRAL BANK is looking to allow banks more leeway in setting loan rates for retail clients in order to provide cheaper credit for...