Markets
National Treasury rejects all tenders for 3-year T-bonds
The national treasury rejected all bids for the P30-billion, three-year treasury bonds it offered at auction Tuesday to prevent the cost of borrowing from rising.
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.
