International news
News from wire services and other publishers.
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Government raises P84.9 billion from retail bonds
The national government raised an initial P84.9 billion from its latest retail Treasury bond offering, with investor demand exceeding the original offer by more than six times.
Housing program
No one honestly believed BBM’s housing program would be any better than his predecessors’.
PSEi extends decline as oil price soars
The local stock market tumbled for a second straight day as elevated crude prices continued to dampen investor sentiment.
‘3 in 5 Pinoys want 5G service all the time’
At least three in five Filipinos are demanding 5G service all the time, wherever they go, from their network providers, and are willing to pay a premium for it.
‘Data residency law to drive up investments in data centers’
Requiring local storage of applications and information, even those held by the private sector, would encourage data center builders to move here and list publicly, industry players said.
Meralco starts auction for 900-MW baseload power
Power utility giant Manila Electric Co. is seeking bidders for a 15-year contract to supply 900 megawatts of baseload electricity.
Government to borrow P892 billion from domestic market
The government plans to borrow P892 billion from the domestic market in the fourth quarter as it spreads out its issuances amid geopolitical tensions, the Bureau of the Treasury said.
The Vertex developer hit with HK$770,000 fine over disclosure failures
The developer of The Vertex – a residential project in Cheung Sha Wan once owned by failed property giant China Evergrande Group – has been fined HK$770,000 (US$98,100) for failing to properly record transactions…
Dollar keeps climbing as oil, US yields stay high; jobs data looms
It is testing several-month highs against major peers
Greenback climbs as oil, US yields stay high
It is testing several-month highs against major peers
