Creating new value in financial services
By J. Albert Gamboa
SINGAPORE -- A new era has dawned on the financial services industry. With continued acceleration of the Digital Age, the industry needs to find...
Peso climbs vs dollar on slower US GDP growth
THE PESO strengthened against the dollar Thursday following revised fourth-quarter US growth data, which showed that the world’s largest economy expanded at a slightly...
TDF yields climb across tenors as demand eases
By Melissa Luz T. Lopez
Senior Reporter
YIELDS under the central bank’s term deposit facility (TDF) climbed across all tenors yesterday, as demand eased particularly for...
Powell nods to stronger US economy, affirms gradual rate hike path
WASHINGTON -- Federal Reserve Chairman Jerome Powell, in his first public appearance as head of the US central bank, vowed on Tuesday to prevent...
For banks, digital is way to go as market evolves
By Karl Angelo N. Vidal
PHILIPPINE banks should digitize processes and their business in order to remain relevant amid disruption caused by financial technology (fintech)...
Treasuries threat looms as taper tantrum memories linger in Asia
HONG KONG/MUMBAI -- When 10-year Treasury yields jumped to three percent back in 2013 after then Federal Reserve Chairman Ben Bernanke signaled an end...
ECB could end bond purchases this year; rate hike on the horizon
FRANKFURT -- The European Central Bank could end bond purchases this year while an interest rate hike in 2019 is not unrealistic if the...
BoJ sees ‘very gradual’ normalization
TOKYO -- Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Wednesday that once the central bank starts to normalize monetary policy the process...
Peso, other Asian currencies retreat as Fed chief’s remarks support dollar
THE PESO and most other emerging Asian currencies fell on Wednesday, while the dollar held firm near a three-week high after Federal Reserve Chair...
FINTQ eyes partnerships in inclusion push
FINTQnologies Corp. (FINTQ), the financial technology arm of Voyager Innovations, Inc., is eyeing to forge partnerships with cooperatives and associations in line with its...
Cryptocurrencies make messy divorces worse amid volatility, secrecy
DIVORCES are messy, and cryptocurrencies are helping to make them a whole lot more so.
Virtual currencies such as Bitcoin and Ethereum are a new...
Peso returns to P52:$1 level as investors await Powell speech
THE PESO weakened against the dollar anew on Tuesday, touching the P52 level once more, as market players remained cautious ahead of the testimony...