Markets
Lodestar expands capital, eyes digital assets
Stockholders of Lodestar Investment Holdings Corp. have approved key amendments to the company’s Articles of Incorporation, signaling a strategic shift into digital investments and a significant capital expansion.
T-Bill yields fall in wake of Fed rate cut
Average yields on treasury bills continued to decline at Monday’s auction, driven by expectations of further local monetary easing following the U.S. Federal Reserve’s decision last week to cut interest rates.
Fed cuts rates, signals more reductions ahead
The U.S. Federal Reserve lowered its benchmark interest rate by 25 basis points on Wednesday (Thursday, Manila time), bringing the federal funds target range to 4.00–4.25 percent. The decision comes amid signs of slowing job gains, persistent inflation, and moderating economic growth.
GCash democratizes stock trading with partner InvestaTrade
GCash has upgraded its GStocks feature through a strategic partnership with InvestaTrade, the stock trading arm of Investa, to deliver a more accessible and beginner-friendly investing experience within its mobile app.
Treasury bill yields slip further in auction on easing outlook
Average rates of Treasury bills continued to decline at Monday’s auction, driven by the Bangko Sentral ng Pilipinas’ recent policy rate cut and growing expectations of monetary easing by the U.S. Federal Reserve.
