- Bloomberg
Philippines Central Bank Tempers Hawkish Tone as High Rates Bite
(Bloomberg) -- A day after signaling the central bank’s readiness to pivot to monetary easing, Philippine central bank Governor Eli Remolona said he would like to see easier liquidity conditions as policy may be becoming tighter than necessary.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter
- Bloomberg
Philippines May Cut Key Rate by Up to Half Point This Year
(Bloomberg) -- The Philippine central bank may lower its key interest rate by a total of 50 basis points this year as price risks moderate, Governor Eli Remolona said Thursday, after keeping it at a 17-year high for a fifth meeting.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Is Trading Near Historic 40,000 Mark: Markets WrapW
- Bloomberg
Nomura Seeks to Double Profit, Make Wholesale Arm Pay Its Way
(Bloomberg) -- Nomura Holdings Inc. unveiled plans to almost double profit by the end of the decade, in part by making its key wholesale division finance its own operations and shifting resources to areas where it wants to grow.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeBiden Adds Tariffs on Chinese Chips, Critical Minerals, EVsTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsFive
