Mandated lending concerns
By Benel D. Lagua
Nestor V. Tan, BDO Unibank, Inc. president, gave a very incisive talk to the FINEX general membership recently on the state of the banking...
Peso weakens vs dollar
THE PESO dropped against the dollar on Thursday as investors stayed on the sidelines ahead of jobs data in the US and amid the...
Yields on BSP’s term deposits increase
By Melissa Luz T. Lopez
Senior Reporter
BANKS SCRAMBLED to place more funds under the central bank’s term deposit facility (TDF) following lower reserves which took...
Gross international reserves slip in Feb.
DOLLAR RESERVES slipped anew in February due to lower gold valuations, and as the central bank used the funds to intervene during the daily...
BSP unlikely to hike rates despite pickup in inflation
ING BANK N.V. and Capital Economics said the Bangko Sentral ng Pilipinas (BSP) is unlikely to hike interest rates even as inflation continued to...
ECB cautious as bonds show end of decoupling
EUROPEAN Central Bank (ECB) officials considering when to end their bond-buying program have a new reason to move carefully: US inflationary pressures are helping...
Peso climbs on Trump comments
THE PESO strengthened slightly against the dollar on Wednesday as the foreign currency traded weaker overnight due to President Donald J. Trump’s rhetoric on...
Gov’t makes partial award of bonds as rates rise
By Karl Angelo N. Vidal
THE GOVERNMENT made a partial award of fresh five-year Treasury bonds (T-bonds) it offered yesterday as investors sought higher returns...
Inverted yield curve still a good alert for recession
AN INVERTED yield curve remains a powerful signal of a looming recession and that is still the case even if the current ultra-low level...
Peso steady as inflation picks up
THE PESO ended flat against the dollar on Tuesday following the February inflation print released earlier yesterday amid market jitters due to President Donald...
RCBC upsizes MTN program to $2 billion to raise more capital
RIZAL COMMERCIAL Banking Corp. (RCBC) upsized its medium-term note program to raise additional capital.
In a disclosure to the local bourse on Monday, the Yuchengco-led...
Kuroda joins queue of central banks looking toward exit
THE END of the easy money era which spanned the global economy for the last decade came into even sharper focus as the Bank...