Peso rebounds ahead of US payrolls data
THE PESO rebounded versus the dollar on Friday due to profit-taking ahead of the release of US non-farm payrolls data.
The local currency finished at...
China Bank gets SEC okay for CBCC capital hike
CHINA BANKING Corp. (China Bank) has received the Securities and Exchange Commission’s (SEC) green light for its capital infusion into its investment house China...
AXA Philippines on track to meet growth targets
PHILIPPINE AXA Life Insurance Corp. (AXA Philippines) is on track with its growth goals as it seeks to be the number one life insurer...
Peso weakens to fresh trough
THE PESO continued to slump versus the greenback on Thursday to hit another trough due to a stronger dollar overall and on the back...
PhilPlans financially viable’ despite net loss booked in the first quarter
PRE-NEED firm PhilPlans First, Inc. (PhilPlans) said it remains financially stable despite recording a loss in its total premium income in the first quarter...
Trans-pacific partnership
FINEX Folio -- By J. Albert Gamboa
LONG BEACH, CALIFORNIA -- An economic alliance of 12 countries on both sides of the Pacific Ocean may...
‘Regime change’ at BoJ seen to boost confidence
A CHANGE of leadership at the Bank of Japan (BoJ) would offer a chance to bolster public confidence in its ability to defeat deflation,...
Peso edges up ahead of US data
THE PESO moved sideways versus the dollar yesterday amid quiet trading, with US markets closed for a holiday and as market players look towards...
BSP asks banks to report repurchase agreements
By Melissa Luz T. Lopez,
Senior Reporter
THE CENTRAL BANK has required banks to report the volume of repurchase deals they forge with other firms starting...
Lenders dump bonds in India tug-of-war with funds
INDIA’S $750-billion sovereign-debt market is caught in a tug of war between foreign investors and state-run banks, the biggest holders of the securities.
As lenders...
Peso weakens ahead of FOMC meeting minutes
THE PESO opened the week lower versus the dollar following mixed US data and amid heightened caution ahead of the release of the Federal...
Gov’t partially awards T-bills as yields ascend across the board
By Janine Marie D. Soliman,Reporter
THE GOVERNMENT partially awarded its first offer of Treasury bills (T-bills) for this quarter, raising P12.5 billion out of the...