Peso climbs to fresh two-week high on Fed bets
THE PESO on Thursday jumped to its strongest close against the dollar in over two weeks as US jobs data supported further rate cuts.
The...
BPI plans to merge thrift units BanKo, Legazpi Savings Bank
BANK of the Philippine Islands (BPI) is set to merge its thrift bank subsidiaries BPI Direct BanKo, Inc., A Savings Bank (BanKo) and Legazpi...
Debt yields end higher as US data back Fed bets
YIELDS on government securities (GS) ended mostly higher last week following the release of US economic data that fueled bets on the Federal Reserve’s...
BSP bills’ rates go down despite lower demand
YIELDS on the central bank’s one-month securities dropped on Friday even as the offer was undersubscribed.
The 28-day Bangko Sentral ng Pilipinas (BSP) bills fetched...
Fed’s Williams tells CNBC there is no urgent need to cut interest rates again
NEW YORK Federal Reserve President John Williams told CNBC on Friday he does not see an imminent need to follow this month’s interest rate...
LANDBANK plans sustainability bond offering
LAND BANK of the Philippines (LANDBANK) is set to issue sustainability bonds next quarter as it looks to expand its lending to its priority...
Peso may stay at P58 level on remittance inflows for holidays
THE PESO may continue trading within the P58 level against the dollar this week, with investors expected to monitor the release of more US...