Markets
US Congress nears deal to end longest government shutdown
The longest US government shutdown in history could end within days after the Senate on Monday (early Tuesday in Manila) approved a major funding bill in a 60–40 vote, sending the measure to the House of Representatives for a final vote as soon as Wednesday.
Metro Pacific Tollways to set bond rates Nov. 13
Metro Pacific Tollways Corp. is tentatively scheduled to set on Thursday, November 13, the interest rates on the fixed-rate bonds it plans to issue to finance various toll road projects.
Treasury bill yields ease at auction on strong demand
Philippine treasury bill yields continued to soften at the auction Tuesday, dragged lower by prospects of further monetary easing after a weaker-than-expected economic...
GCash, CARD Indogrosir team up to roll out SoundPay across stores
GCash has partnered with CARD Indogrosir—a hybrid retail and wholesale chain—to introduce its new SoundPaydevices across the chain’s network.
Wall Street rallies as Senate nears vote to end government shutdown
U.S. stocks surged Monday as momentum built on Capitol Hill toward ending the 41-day government shutdown—the longest in American history. Hopes for a deal sent markets higher: the Dow Jones Industrial Average jumped 0.8 percent, the S&P 500 climbed 1.5 percent, and the tech-heavy Nasdaq soared 2.3 percent.
