Peso strengthens as Trump remarks hit dollar
THE PESO regained strength against the dollar on Wednesday, following the three-day decline, as President Donald J. Trump’s protectionist remarks in his first State...
Financial technology start-ups parade in Paris in hopes of luring bank deals
THE fintech dating game is on in Paris.
Entrepreneurs in Europe’s financial-technology sector are pushing low-cost payments solutions to steal market share from banks, hoping...
BoJ dispels stimulus exit speculations
OITA/TOKYO, JAPAN — The Bank of Japan (BoJ) ramped up efforts to dispel market speculation of an early withdrawal of its massive stimulus, boosting...
Traders eye RBI for support as India bond rout worsens
TRADERS in India’s battered bond market want the central bank to play the role of a savior.
With the market reeling under the worst sell-off...
SSS eyes April contribution hike
By Melissa Luz T. Lopez,
Senior Reporter
THE Social Security System (SSS) is eyeing to raise monthly contributions starting April, which is expected to raise P45...
Landbank conducting due diligence, eyes exemption for PDS acquisition
LAND BANK of the Philippines (Landbank or LBP) is conducting due diligence to acquire the majority stake of fixed-income exchange operator Philippine Dealing System...
Peso slumps to three-month low as markets watch Yellen’s last Fed policy meet
THE PESO slumped further against the dollar on Tuesday, logging a three-month low, as market players remained cautious ahead of outgoing US Federal Reserve chair Janet...
Banks set LTNCD, stock offerings
TWO OF THE COUNTRY’S banks are seeking to expand their capital through separate fund-raising exercises, they told the local bourse yesterday.
In separate disclosures on Tuesday,...
Treasury makes partial award of T-bill offer as banks bid higher
THE GOVERNMENT made a partial award of the P20 billion it planned to raise through the auction of Treasury bills (T-bills) yesterday, with yields...
Two-week term deposit a viable third TDF tenor
By Melissa Luz T. Lopez,
Senior Reporter
A TWO-WEEK TENOR could be a viable offering for the central bank’s weekly term deposit auctions, an analyst said,...
Peso plunges on strong US inflation data, Fed bets
THE PESO plunged against the dollar on Monday to its weakest finish in more than two months due to stronger-than-expected US inflation data as...
Offer of T-bills seen twice oversubscribed
DEMAND for Treasury bills (T-bills) at today’s auction may exceed the amount on offer on the back of lower yields, with market players looking...