Markets
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.
SEC Clarifies Exempt Securities Rules
The Securities and Exchange Commission (SEC) has issued a key clarification on exempt transactions under the Securities Regulation Code (SRC), effectively reducing regulatory friction for issuers in the capital markets.
PSEi seen growing up to 5% by year-end – BDO Capital
The Philippine Stock Exchange index (PSEi) is expected to post modest gains of just 3 percent to 5 percent by year-end from its current level of 6,100, largely driven by the seasonal Christmas spending surge, according to Eduardo Francisco, president of BDO Capital and Investment Corp.
