Tag: banking

MANILA  -The Ayala Group’s Bank of the Islands (BPI) sealed a $300-million (P16.4 billion) debt deal with a consortium of 21 lenders as it further strengthens its balance sheet. In a ... ( read original story ...)

Can China’s onshore stocks overcome the recent poor track record in the third quarter? There are enough reasons for investors to be disappointed, some analysts say. ( read original story ...)

The long-anticipated rally of Chinese stock markets has arrived, thanks to the country's top decision-making body's firm pledge to ratchet up economic stimulus in order to achieve the pre-set yearly ... ( read original story ...)

Asian shares are mixed after the Bank of Japan adjusted its bond purchase policy but kept its negative benchmark interest rate unchanged. Tokyo and Sydney fell while Hong Kong and Shanghai ( read original story ...)

BANGKOK (AP) — Asian shares were mostly higher Thursday after the Federal Reserve raised interest rates to their highest level in more than two decades, just as Wall Street expected. ( read original story ...)

The Shanghai Composite index was up 0.8% at 3,237,13 ... and revenue topped expectations. Boeing's stock rose 8.7%. In the bond market, the highlight was the Fed's move to raise its federal funds rate to a range of 5.25% to 5.50% in hopes of wrestling ... ( read original story ...)

Market sentiment in the Asia-Pacific region remains firmer, despite mixed closing of the Wall Street benchmarks, amid concerns supporting a sooner end to the rate hike spell at the major central banks. Adding strength to the optimism could be China’s upbeat industrial profits. ( read original story ...)