Philippine bond market size up 10.2% at end-June despite rising yields – ADB
LOCAL currency bond issuances in the Philippines rose by an annual 10.2% at end-June, driven by the government’s retail bond offering together with strong...
Peso unchanged in choppy trade amid N. Korea tension
THE peso held steady against the dollar even as the greenback surged against the yen as currency traders brushed off the latest missile fired...
Portfolio investments flow out as geopolitical concerns weigh
By Melissa Luz T. Lopez,
Senior Reporter
MORE FOREIGN CAPITAL fled the country in August to reverse two straight months of inflows, the Bangko Sentral ng...
Non-life insurers allowed to invest in real property
BIG NON-LIFE INSURANCE firms may now invest in land and other real property assets to augment their capital buffers and generate more income, the...
Peso back at P51:$1 level
THE PESO dropped to the P51 level anew, as markets expect strong US inflation data that may prompt the Federal Reserve to raise its...
Julius Baer chief sees Asia cornering a third of business
JULIUS BAER Group Ltd., Switzerland’s third-largest publicly traded private bank, sees Asia accounting for about a third of its business in the next five...
No relief for banks’ traders as bosses signal enduring client activity slump
WALL STREET executives had a worrisome message for investors this week: The lack of client activity that sunk trading results in the second quarter...
Breaking barriers to competitiveness
J. Albert Gamboa
The Financial Executives Institute of the Philippines (FINEX) will hold its 49th Annual Conference at the Fairmont Hotel in Makati City on Oct. 13. Organized...
TDF yields pick up as offer still undersubscribed
By Melissa Luz T. Lopez,
Senior Reporter
YIELDS under the term deposit facility (TDF) picked up yesterday as the trimmed auction volumes went undersubscribed, even as...
Cathay Life Insurance buys more RCBC shares
TAIWAN-BASED Cathay Life Insurance Co. Ltd. raised its stake in Rizal Commercial Banking Corp. (RCBC) this month as it bought new shares worth P416.397...
Peso slips ahead of data
THE PESO snapped its week-long rally versus the dollar as it resumed trading yesterday as sentiment towards the United States recovered, and ahead of...
Federal Reserve’s patient or preemptive clash looms as inflation fails to hit goal
FORMER Federal Reserve Chairman Alan Greenspan, in year nine of a US economic expansion, conceded in 1999 that patience was sometimes a better policy...