MANILA, Philippines — The Bangko Sentral ng Pilipinas yet again reduced its key policy rate by 0.25 percentage point. It is now at 4.75 percent. The BSP’s decision was contrary to expectations, even as inflation in the Philippines remained below the BSP’s target range of 2 percent to 4 percent. READ: Bangko Sentral seen to
Elevated volatility continues to stir up the markets, affecting not only the US dollar and major stock indices but also other major currencies across the board. The highlight of last week was the release of the Fed’s September meeting minutes on Wednesday. Investors continue to expect two more rate cuts this year, which is keeping the US dollar from staging a significant upward correction. The key event of the next week will be the publication of the US CPI and PPI on Wednesday and Thursday. Moreover, in the upcoming week of October 1319, 2025, market participants will pay attention to the. Read full authors opinion and review in blog of #LiteFinance.
MANILA, Philippines – The government was able to raise its target amount of long-dated local debt on Tuesday’s dual Treasury bond sale, as yields fell below benchmarks. The Bureau of the Treasury borrowed P15 billion via reissued T-bonds, which have a remaining life of two years and six months. Demand for the debt paper reached
LG Electronics India Ltd’s initial public offering (IPO) has opened for subscription today. The three-day bidding window will close on October 9.
Gurugram man receives WhatsApp wedding invitation; loses ₹97,000 on clicking
LG Electronics India Ltd’s initial public offering (IPO) has opened for subscription today. The three-day bidding window will close on October 9.
NEW YORK (AP) — Wall Street keeps setting more records, and excitement about the artificial-intelligence industry keeps leading the way. The S&P 500 climbed 0.4 percent to set an all-time high following mixed trading on Monday. The Dow Jones Industrial Average dipped 63 points, or 0.1 percent, while the Nasdaq composite rose 0.7 percent to
MANILA, Philippines — Trading of shares of mass housing developer 8990 Holdings Inc. was suspended at the stock exchange on Tuesday morning following the conclusion of its tender offer, paving the way for the third delisting in 2025. In a notice, the Philippine Stock Exchange (PSE) said the trading suspension was implemented at 9:02 a.m. on
MANILA, Philippines – Recent developments at the Senate, as well as profit-taking, weighed down the local bourse on Monday. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) had tumbled by 1.78 percent, or 108.54 points, to end at 6,000.32. READ: Why investors refuse to sell losing stocks Likewise, the broader All Shares
MANILA, Philippines -The Philippine Deposit Insurance Corp. (PDIC) is proposing amendments to rules governing denied deposit insurance claims to ensure that the process of seeking reconsideration is “both fair and efficient”. Among the key enhancements are the expanded coverage of the regulations to address a wider range of cases, the PDIC said in a statement
