Peso slips to fresh 12-year low
THE PESO slid to a fresh 12-year low against the dollar on Thursday following the interest rate hike of the US central bank.
Gov’t partially awards seven-year bonds
THE GOVERNMENT made a partial award of reissued seven-year Treasury bonds (T-bonds) on Tuesday even as the rate inched higher as concerns on inflation lingered ahead of the policy meeting of the US central bank.
TDF demand softens
TERM DEPOSITS offered by the central bank saw softer demand this week ahead of the settlement of the government’s latest offering of retail bonds.
UnionBank eyeing to make more branches ‘fully digital’ within the year
UNIONBANK of the Philippines is set to convert more branches into “fully digital” offices this year amid its push to digitize its processes and services.
Peso weakens to hit P53:$1 level
THE PESO plunged on Wednesday, sinking below the P53-per-dollar line to log a new 12-year low ahead of the policy meeting of the US Federal Reserve.
Bitcoin 'whales' pulling cryptocurrency strings
Bitcoin, the star of the cryptocurrency world, is widely seen as a freewheeling tool as open as the internet itself.
But analysts have cast doubt...
Seven-year T-bonds to fetch higher rates
YIELDS on reissued Treasury bonds (T-bonds) on offer today will likely pick up ahead of the policy meeting of the US Federal Reserve.
Peso to extend decline vs dollar
THE PESO will likely weaken against the dollar for the rest of the week as the market awaits the policy meetings of the US Federal Reserve and the European Central Bank (ECB).
Allianz’s deal hunt keeps mart guessing
A $94-BILLION financial behemoth is keeping the market on tenterhooks about its next move.
US unit to be challenging piece in HSBC’s strategy
FIXING HSBC Holdings Plc’s troubled US division will be one of the toughest parts of the lender’s new $17-billion strategy, Chief Executive Officer John Flint said.
Peso decline likely to continue following 12-year low
The peso will likely weaken against the dollar for the rest of the week as the market await the policy meetings of the Federal...
BSP delays implementation of new standards for real estate, project finance
The Bangko Sentral ng Pilipinas (BSP) has pushed back the implementation of tighter standards for banks in reporting real estate loans and project finance.
The...