Peso inches higher against dollar
THE PESO inched higher against the dollar on Thursday due to reports of China slowing down its purchases of US Treasury bonds and amid...
BoJ tightening to begin sooner than expected
JAPAN’S ECONOMY will exceed growth forecasts this year, prompting the central bank to tighten monetary policy by mid-year, said Allen Sinai, president of Decision...
HSBC said to hire from Goldman, JPMorgan for Asia
HSBC HOLDINGS Plc made a slew of hires from rivals including Goldman Sachs Group Inc. as the bank revamps its equities business in the...
Rise of behavioral science
Reynaldo C. Lugtu, Jr.
“Human behavior is going to be at the center of the massive shift that we’re witnessing globally today.” This is my quick reply to...
Term deposits met with strong investor demand
By Melissa Luz T. Lopez
Senior Reporter
DEMAND for week-long term deposits continued to climb to reach more than triple the amount offered by the central...
Rediscount borrowings climb ahead of holidays
MORE BANKS tapped the central bank’s rediscount window in December to get hold of fresh money supply, at a time of strong demand for...
Peso extends decline vs dollar
THE PESO continued to decline against the dollar yesterday following the release of local trade data for November, which further underscored the “weakness” in...
IC shuts down BFPMBAI operations
THE Insurance Commission (IC) has shut down the operations of Bureau of Fire Protection Mutual Aid Beneficiary Association, Inc. (BFPMBAI) for conducting business without...
ECB hawks take lead on QE debate as doves stay quiet
AS THE European Central Bank (ECB) enters 2018, the debate over its stimulus plans is being dominated by policy makers warning against keeping policy...
Treasury rejects all bids for 10-year debt papers
THE Bureau of the Treasury continued to reject bids for government securities it put on the auction bloc on Tuesday as banks sought higher...
Robinsons Bank, Pru Life forge bancassurance deal
By Karl Angelo N. Vidal
ROBINSONS BANK Corp. signed a bancassurance partnership with British life insurer Pru Life UK yesterday in a bid to bolster...
Peso weakens further as players position ahead of Fed rate hikes
THE PESO extended its decline against the greenback and sank deeper within the P50-per-dollar level on Tuesday as market players position ahead of expected...