Fed policy makers signal caution on inflation, hikes
NEW YORK — The Federal Reserve is getting more dovish in the face of weak inflation data, reducing the likelihood of a third rate...
Peso up on dovish Fed remarks
THE PESO appreciated anew yesterday, reacting to a weaker dollar amid dovish comments from a Federal Reserve official on the next policy moves in...
Access to banks, financial services remains elusive in provinces: report
FINANCIAL ACCESS across provinces has remained unchanged over the last two years, leaving bulk of Filipinos without any means to tap formal banking channels,...
Record inflows boost Asia’s highest-yielding debt
ASIA’S highest-yielding bonds are holding on to their fans, with top investors saying they’ll keep buying Indian and Indonesian debt — even if policy...
Government makes full award of Treasury bonds
By Melissa Luz T. Lopez,
Senior Reporter
THE GOVERNMENT made a full award of reissued seven-year Treasury bonds (T-bonds) offered yesterday, with strong demand driving yields...
All HMO firms compliant with capital requirements
ALL health maintenance organization (HMO) firms in the Philippines remain compliant with requirements set by the Insurance Commission (IC), the regulator said, noting that...
Peso inches up on inflation data
THE PESO closed barely changed for the third straight session yesterday, picking up slightly as the dollar grew weaker across a host of currencies...
Yuan’s new role as haven is last great hope for dim sum bond market
A RECORD RALLY in the offshore yuan is rekindling hope for the dim sum bond market.
With China’s currency defying North Korea tensions to be...
Spotlight on Draghi as ECB holds key meeting
FRANKFURT -- The spotlight shines on Mario Draghi once again.
The European Central Bank (ECB) president has to reconcile an economic dichotomy of robust growth with...
Citi to hire 100 wealth advisers in Australia in millionaire push
CITIGROUP Inc. is planning to hire 100 wealth advisers in Australia over the next three years as it seeks to triple its number of...
BSP ready to ‘neutralize’ speculative peso trading
By Melissa Luz T. Lopez,
Senior Reporter
THE Bangko Sentral ng Pilipinas (BSP) will not tolerate speculators who seek to make wide margins from excessive swings...
EastWest lists LTNCDs
EAST WEST Banking Corp. (EastWest Bank) listed a fresh tranche of long-term debt notes on the Philippine Dealing & Exchange Corp. (PDEx) last week, completing...