US 10-year Treasury yield risks hitting 6% for first time since 2000: Pimco

The Business Times - Oct 9, 2026

Global bonds have come under heavy selling pressure this year as soaring energy costs fan inflation

Read full article

More News

Thailand Targets High-Value Travelers at ITB Asia 2026

Oct 24, 2026

Thailand Targets High-Value Travelers at ITB Asia 2026

The Tourism Authority of Thailand leads 14 operators at ITB Asia 2026, promoting wellness and sustainable tourism to attract high-value travelers. TAT targets over 1.12 million arrivals from Singapore by year-end 2026. Key Points The Tourism Authority of Thailand (TAT) is leading 14 Thai tourism operators to ITB Asia 2026 in Singapore to expand international […]

Diesel prices seen to go up by P2 to P3 per liter, gasoline rollback P0.50 to P1 per liter --source

Oct 24, 2026

Diesel prices seen to go up by P2 to P3 per liter, gasoline rollback P0.50 to P1 per liter --source

A price hike for diesel and a rollback in gasoline prices may be expected next week, an industry source said Saturday.

UnionBank profit jumps 53% to P9.9B in nine months

Oct 24, 2026

UnionBank profit jumps 53% to P9.9B in nine months

MANILA, Philippines — Union Bank of the Philippines grew its nine-month net income by 53 percent to P9.9 billion as wider lending margins and higher fee earnings lifted revenues. On Friday, the Aboitiz-led bank also disclosed plans to integrate its digital banking subsidiary, UnionDigital Bank, and fintech arm, UBX, into the parent company, subject to regulatory

Landbank profits up 7.6% in end-Q3

Oct 24, 2026

Landbank profits up 7.6% in end-Q3

MANILA, Philippines — State-run LandBank of the Philippines returned to profit growth in the third quarter, as stronger interest earnings and foreign exchange gains helped offset the impact of waived digital transfer fees. According to its latest financial statement, LandBank said its net income rose 7.6 percent to P37.5 billion at the end of September from

DOF, JBIC forge 3-year infrastructure partnership

Oct 24, 2026

DOF, JBIC forge 3-year infrastructure partnership

MANILA, Philippines — The Department of Finance (DOF) and the Japan Bank for International Cooperation (JBIC) have signed a cooperation deal to support infrastructure development programs across various sectors. In a statement, the DOF said the cooperation will be valid for three years from its execution and will cover supply chain resilience, clean energy transition, financial

DA, Nestlé boost Northern Mindanao coffee yields

Oct 24, 2026

DA, Nestlé boost Northern Mindanao coffee yields

MANILA, Philippines — The Department of Agriculture (DA) and Nestlé Philippines will work together to bolster coffee farming in Northern Mindanao, targeting yields of 1 metric ton per hectare. On Friday, both parties signed an agreement to unveil the Mindanao Integrated Coffee Development and Genetic Resource Program (MICDGRP), which aims to enhance coffee productivity in

Puerto Princesa wants larger slice of MICE market

Oct 24, 2026

Puerto Princesa wants larger slice of MICE market

MANILA, Philippines — Puerto Princesa is courting private investors to develop an integrated meetings, incentives, conferences, and exhibitions (MICE) district, anchored by a convention center that could accommodate up to 20,000 people. Mayor Lucilo Bayron said the city was positioning the more than 500-hectare Santa Lucia Environmental Estate as a major investment destination that would combine

CREC secures P35B for five Batangas solar farms

Oct 24, 2026

CREC secures P35B for five Batangas solar farms

MANILA, Philippines — Citicore Renewable Energy Corp. (CREC) secured its largest syndicated financing to date, amounting to P35.014 billion, to help the group roll out five solar projects in Batangas. On Friday, the company said that it sealed the syndicated project financing with the Bank of the Philippine Islands (BPI), Land Bank of the Philippines

SBMA, Subic EnerZone extend power pact for 25 years

Oct 24, 2026

SBMA, Subic EnerZone extend power pact for 25 years

MANILA, Philippines — AboitizPower-led Subic EnerZone Corporation has renewed its power distribution partnership with the Subic Bay Metropolitan Authority, extending its management of the Subic Bay Freeport Zone’s power distribution system for another 25 years. Subic EnerZone has served the special economic zone since October 2003. As of Feb. 28, 2026, it served more than

Peso logs fresh record low of 63.615:$1 

Oct 24, 2026

Peso logs fresh record low of 63.615:$1 

MANILA, Philippines — The Philippine peso fell to another record low on Friday, capping a bruising week for the currency as concerns over rising inflation at home threatened to prolong its slide ahead of the US Federal Reserve’s (Fed) next policy meeting. The local currency weakened by 9.5 centavos to close at 63.615 against the dollar,

BSP may not be done hiking rates as inflation risks mount

Oct 24, 2026

BSP may not be done hiking rates as inflation risks mount

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may have more interest rate increases in store as it battles stubbornly high inflation, analysts said, a move that could change how Filipinos spend, save and invest. In a note to clients. Jojo Gonzales, research analyst at Bank of America, said the Monetary Board may deliver

SSS makes first overseas investment

Oct 24, 2026

SSS makes first overseas investment

MANILA, Philippines — The Social Security System (SSS) has made its first foreign investment after putting $200,000 in US government Treasuries, with newly appointed President and CEO Victor Limlingan planning to raise the pension fund’s offshore allocation to as much as 5 percent of its investment reserve fund (IRF) by 2027. Limlingan, who spoke to

Recommended