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.
Foreign direct investments (FDI) that fell at an annual clip of 34 percent in May continued to fall in June but at a significantly moderate rate of only 3.9 percent in June, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
Germany outlasted Serbia on Sunday to win its first-ever FIBA World Cup championship, a fitting finish for Deutschland that emerged as the only unbeaten team in the tournament.
President Ferdinand Marcos Jr.’s imposition of a cap in the retail price of rice rolled back cost of the grain in Vietnam, posting their biggest price declines last week since the increases following the decision of India to ban export of certain rice varieties in July.