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...

Manulife puts up five branches to expand presence

MANUFACTURERS Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has put up new branches across the country, with most situated in Luzon, as the insurer...

Rates of Treasury bills may climb as central banks move to tighten

By Janine Marie D. Soliman, Reporter TREASURY BILLS (T-bills) on offer today are expected to fetch higher yields amid expectations of a spike in global interest...

Yields on gov’t debt go up on US GDP, Fed remarks

UPWARD REVISIONS in US growth data pushed yields of local government securities (GS) north last week, coupled with hawkish comments by Federal Reserve officials...

Peso seen sideways on mixed signals from US

THE PESO may move sideways versus the dollar this week as mixed key US economic developments may fail to give concrete details on the...