Peso expected to drop on positive US jobs data

THE PESO may weaken this week versus the dollar to reverse its upward trend from last week due to likely positive US inflation data...

Yields down on US data

By Christine J. S. Castañeda Researcher YIELDS on government securities (GS) traded in the secondary market went down last week as they tracked the movement of...

UnionBank net income down in Q2

UNION BANK of the Philippines (UnionBank) saw its income slide in the second quarter, but still posted a double-digit income in the first semester,...

PNB Savings books higher earnings in first half

PNB Savings Bank saw its net income jump by over a fourth during the first six months of the year, driven by a surge...

Peso climbs ahead of US jobs data

THE PESO strengthened against the dollar on Friday as investors turned cautious ahead of the release of US non-farm payrolls data. The local unit closed...

PDIC to bid out P1.7-billion worth of properties

THE PHILIPPINE Deposit Insurance Corp. (PDIC) will bit out next week P1.7-billion worth of real estate properties, with proceeds to be used to pay...

BPI’s net income declines 7.7% in first semester

BANK of the Philippine Islands (BPI) reported a lower net income as of end-June following one-off gains from the sale of securities a year...

System remains liquid, says BSP’s Guinigundo

THE financial system remains awash with cash even as bids for the weekly term deposit auctions have been logging below the central bank’s P180-billion...

Peso hits 6-week high against US dollar

THE PESO rebounded against the greenback on Thursday, to hit a fresh six-week high after market players sold the dollar amid softer US labor...

China Bank profit rises 10% in first half

HENRY SY-LED China Banking Corp. (China Bank) saw its bottom line grow by a tenth in the first semester of the year, on the...

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