Yields on gov’t debt mixed
Yield Tracker
YIELDS on government securities (GS) ended mixed last week, amid a lack of consensus from the US Federal Reserve on its plans to...
Peso to weaken on positive US jobs data
THE PESO is set to weaken further this week versus the dollar after the US created higher-than-expected jobs, based on data released last Friday.
The...
Comprehensive credit data to prompt more banks to lend to ‘risky’ sectors
By Melissa Luz T. Lopez,
Senior Reporter
ACCESS to comprehensive credit data could prod more banks to lend to “risky” smaller firms, the new central bank...
BSP excludes clearing, settlement from SBL
By Melissa Luz T. Lopez,
Senior Reporter
THE CENTRAL BANK will exclude payment transactions of conglomerates from its computation of the single borrower's limit (SBL) of...
Peso rebounds ahead of US payrolls data
THE PESO rebounded versus the dollar on Friday due to profit-taking ahead of the release of US non-farm payrolls data.
The local currency finished at...
China Bank gets SEC okay for CBCC capital hike
CHINA BANKING Corp. (China Bank) has received the Securities and Exchange Commission’s (SEC) green light for its capital infusion into its investment house China...
AXA Philippines on track to meet growth targets
PHILIPPINE AXA Life Insurance Corp. (AXA Philippines) is on track with its growth goals as it seeks to be the number one life insurer...
Peso weakens to fresh trough
THE PESO continued to slump versus the greenback on Thursday to hit another trough due to a stronger dollar overall and on the back...
PhilPlans financially viable’ despite net loss booked in the first quarter
PRE-NEED firm PhilPlans First, Inc. (PhilPlans) said it remains financially stable despite recording a loss in its total premium income in the first quarter...
Trans-pacific partnership
FINEX Folio -- By J. Albert Gamboa
LONG BEACH, CALIFORNIA -- An economic alliance of 12 countries on both sides of the Pacific Ocean may...
‘Regime change’ at BoJ seen to boost confidence
A CHANGE of leadership at the Bank of Japan (BoJ) would offer a chance to bolster public confidence in its ability to defeat deflation,...
Peso edges up ahead of US data
THE PESO moved sideways versus the dollar yesterday amid quiet trading, with US markets closed for a holiday and as market players look towards...