Rates of Treasury bills, bonds to go up on bearish sentiment
RATES of the Treasury bill (T-bills) and Treasury bonds (T-bonds) on offer this week could climb due to worsening global risk sentiment amid the...
Singapore’s money changers keep cash alive in digital financial hub
IN THE HEART of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a crowded...
Fed may need less forward guidance in uncertain times
SAN FRANCISCO — The US central bank should consider giving less forward guidance about its monetary policy intentions, particularly in uncertain times, San Francisco...
Sun Life Philippines names former AF Payments exec as new president
SUN LIFE of Canada (Philippines), Inc. (Sun Life Philippines) has appointed former AF Payments, Inc. (AFPI) chief executive Jonathan Juan “JJ” D. Moreno as...
BTr partially awards Treasury bills at mixed rates
THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday with mixed rates as risk sentiment took a hit...
Peso tumbles to fresh three-month low as US joins Iran-Israel conflict
THE PESO tumbled anew against the dollar on Monday, plunging to a fresh three-month low amid market fears over an escalation in the Middle...
Fed’s Bowman open to cutting rates at July policy meeting
NEW YORK - Federal Reserve Vice Chair for Supervision Michelle Bowman, recently tapped by President Trump as the U.S. central bank’s top bank overseer,...
Peso rebounds on Israel-Iran ceasefire
THE PESO rebounded against the greenback on Tuesday after Iran and Israel agreed to a ceasefire after exchanging attacks for 12 days.
The local unit...
Central banks eye gold, euro and yuan as dollar dominance wanes — OMFIF
LONDON — The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the...
BDO’s Tan is International Monetary Conference’s first Filipino president
BDO UNIBANK, Inc. President and Chief Executive Officer (CEO) Nestor V. Tan has been elected as the new president of the International Monetary Conference...
Central bank rolls out enhanced credit and equity exposure reporting system
FINANCIAL INSTITUTIONS are required to submit monthly reports on their credit and equity exposures starting July as the Bangko Sentral ng Pilipinas (BSP) seeks...
BSP plans guidelines to manage risks from firms’ use of models
THE BANGKO SENTRAL ng Pilipinas (BSP) plans to put in place guidelines to manage potential risks from financial institutions’ use of models for their...