THE PESO could move sideways against the dollar this week and stay at the P58 level following the result of the US elections and the US Federal Reserve’s latest rate cut. The local unit closed at P58.
THE NATIONAL GOVERNMENT’S (NG) debt service bill declined year on year in September as amortization payments for domestic borrowings slipped, the Bureau of the Treasury (BTr) reported.
As a means to protest government funding cuts, one region of Argentina has developed its own money that is accepted by some ...
Big banks’ outstanding loans grew by 11 percent year-on-year in September, an improvement from the 10.4 percent reported in ...
When Domingo Cavallo implemented at the start of December 2001 a restriction on cash withdrawals, he unwittingly unleashed a ...
Republican candidate Donald Trump has won the US presidential elections. Coupled with the growing likelihood that Republicans will also control both the Congress and Senate, Trump ...
China's consumption, investment and industrial output all likely grew faster in October, according to a poll of economists by The Wall Street Journal. If data releases due during the week confirm ...
The ringgit is expected to trade higher against the US dollar as the interest rate differential seems to favour the ringgit, ...
MORE loans extended for production boosted bank lending in September, according to the latest data from the Bangko Sentral ng Pilipinas (BSP). The data showed bank lending rose to P12.4 trillion in ...
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Bank lending up, M3 growth slows
BANK lending continued to rise in September but money supply growth was marginally slower, Bangko Sentral ng Pilipinas (BSP) ...