BSP fully awards debt at auction

By Jenina P. Ibañez, Senior Reporter  The Philippine central bank fully awarded short-term securities at an auction on Friday, as the average rate declined amid easing global oil prices.  The Bangko Sentral ng Pilipinas (BSP) raised P100 billion as planned from its offer of 28-day bills that attracted P130.51 billion in tenders. Demand was higher than P110.25 billion last week.  Accepted rates for the one-month debt ranged […]

Investors scoop up Monde Nissin shares on MSCI inclusion, better Q3 earnings

By Keren Concepcion G. Valmonte, Reporter MONDE Nissin Corp. ended last week as the most actively traded stock after investor sentiment was spurred by improvements in its recent earnings report and its inclusion in the latest Morgan Stanley Capital International’s (MSCI) index rebalancing. Data from the Philippine Stock Exchange (PSE) showed a total of 219.28 […]

Lenders drive higher consumer spending in India with easy credit

SOME OF India’s top lenders and shadow finance companies are helping fuel demand among consumers wanting to splurge on everything from clothes to two-wheelers and homes, offering hopes of a consumption-driven recovery in Asia’s third-largest economy. Businesses are expecting sales during Diwali — the Hindu festival of lights — will pick up to levels seen […]

Labor groups urge Robredo to include Matula in senatorial slate  

SEVERAL labor groups supporting Vice President Maria Leonor “Leni” G. Robredo’s presidential bid next year urged her to give labor leader Jose Sonny G. Matula the last spot in her senatorial slate.   “Being in the opposition is not enough if a candidate is not willing to fight for the people’s agenda,” Center of United and Progressive Workers Deputy Secretary General Joanna Bernice S. Coronacion […]

BSP raises P110B at auction

The Philippine central bank fully awarded the short-term debt it offered on Friday as rates dipped after last-minute changes to the country’s lockdown status.  The Bangko Sentral ng Pilipinas (BSP) raised P110 billion from 28-day bills, as total bids reached P137.82 billion.  The auction was 1.25 times oversubscribed, but the demand fell from P148.05 billion at the auction last week. Yields sought for the securities ranged from 1.7% to 1.742%, wider than 1.713%-1.728% last week.  […]

Shougang Century Announces 2021 Interim Results

HONG KONG, Sep 2, 2021 – (ACN Newswire via SEAPRWire.com) – Shougang Concord Century Holdings Limited (“Shougang Century”, together with its subsidiaries, “the Group”; stock code: 0103.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2021 (“the Reporting Period”). During the Reporting Period, the Group recorded a revenue […]

Duno faces Esperanza in Miami

ROMERO Duno makes his US return in a six-round bout against veteran club fighter Ramon Elizer Esperanza in the undercard of an M&R Promotions event on Aug. 20, 2021 at the Airport Hilton in Miami, Florida, USA. Duno’s last fight in the US was heart-breaking. He got knocked out by unbeaten Ryan Garcia via a […]