Markets
T-bill rates mixed at auction of P15B debt paper
Treasury bill (T-bill) yields were mixed at Monday’s auction, with average rate on the 91-day debt paper up slightly from previous auction after data last week showed inflation accelerating in August.
Wall St slips as Treasury yields rise, oil prices boost energy sector
Wall Street's three major averages closed lower on Tuesday with the Dow leading declines as Treasury yields rose along with oil prices and investors assessed prospects for the Federal Reserve's interest rate path.
Manila, Hanoi seal ethical e-commerce pact
Ecommerce Thrive Asia-Philippines has teamed up with the largest fintech and e-commerce organization in Vietnam to establish a self-regulatory body ensuring ethical business practices and combat online fraud plaguing the industry.
US jobs data boost case for Fed pause; China market-friendly moves may lift markets
The latest U.S. job openings data dipped to levels not seen since early 2021, bolstering the case for a Fed pause on rates, and that along with a lingering lift from China's latest market-friendly moves had investors holding onto their risk-on hats as Europe wakes up.
Asian markets up as US jobs data boost case for Fed rate pause
Asian currencies were treading water against the U.S. dollar, while equities jumped on Wednesday after weak U.S. labour data cemented bets of a pause in interest rate hikes by the Federal Reserve and on optimism over the potential for additional stimulus in China.
