Yields on Philippine treasury bills (T-bills) were higher at the auction Monday as the market worries over further acceleration in inflation could force the Bangko Sentral ng Pilipinas to resume its aggressive tightening of monetary policy.
Inflation, or the rate of change in prices, is seen easing slightly in September to 5.2 percent from 5.3 percent in August in latest readings by analysts, including Moody's Analytics.
Apple on Saturday said it has identified a few issues that can cause new iPhones to run warmer than expected, including a bug in the iOS 17 software which will be fixed in an upcoming update.
EJ Obiena reset the Asian Games pole vault record twice Saturday to end Philippine athletics 37-year drought in gold from this continental championship. This was also the first gold medal for the country in this edition of the Asian Games.