Australia takes aim at major banks
SYDNEY — Australia’s corporate regulator on Tuesday took aim at the nation’s four major banks, saying they suffer from “a lot of hubris” and...
Most Asian currencies weaken as North Korea concerns ease
MOST ASIAN currencies weakened on Tuesday as the US dollar strengthened for a second day as Hurricane Irma proved not as destructive as first...
Japan’s regional banks turn to private equity, hedge funds for returns
JAPAN’S regional banks are turning toward private equity, hedge funds and real estate in search of higher returns as regulatory concerns restrict ownership of...
Gov’t fully awards T-bills as yields drop
TREASURY BILLS (T-bills) on offer yesterday were fully awarded and more than thrice oversubscribed as they fetched lower yields, as liquidity was released resulting...
Bangko Sentral may need to hike rates amid rising inflation, weakening peso
By Melissa Luz T. Lopez,
Senior Reporter
THE Bangko Sentral ng Pilipinas (BSP) would need to raise rates twice next year in order to catch up...
Peso dips amid lack of fresh leads
THE PESO traded sideways on Monday as it consolidated below P50 trading level amid the lack of fresh leads.
The local currency closed at P50.905...
Rediscount loans surge
REDISCOUNT LOANS taken out by Philippine banks surged in August as the new borrowing rates imposed by the central bank went in full swing.
In...
Insurance capital rule caught in transatlantic divide
LONDON — The first global standard for investors to compare how much capital insurers from different countries hold to keep policies safe is caught...
T-bill rates to decline on strong investor demand
By Melissa Luz T. Lopez,
Senior Reporter
TREASURY BILLS (T-bills) on offer today will likely fetch even lower yields on the back of strong demand for...
Yields on gov’t debt flat on Fed rate hike doubts
By Jochebed B. Gonzales,
Researcher
YIELDS on government securities ended flat last week due to investor preference for bonds over shorter-dated securities amid doubts on the...
Peso to rise on dollar volatility
THE PESO may sustain its rally this week as the dollar remains weak, with negative news in the United States leaving investors less upbeat,...
PBoC to remove forwards reserve rule
CHINA’S central bank will effectively remove a reserve requirement for trading foreign currency forwards -- a move that may slow the pace of yuan appreciation...