Noticias de dinero

Diesel Crisis Finally Causes Demand Destruction

Posted by Tsvetana Paraskova, contributor at Oilprice.com with over a decade of experience at news outlets such as iNVEZZ and SeeNews. Originally posted on Oilprice.com. High prices appear to have begun to take a toll on diesel demand in the United States, where inventories of distillates, including diesel and heating oil, have been slowly rising

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Noticias de dinero

Treasury yields to investor demand

The Bureau of the Treasury (BTr) on Tuesday fully committed its re-issued 25-year Treasury bonds (T-bonds) worth 35 billion pesos, despite investors demanding higher yields than secondary market rates. “[The] average [rates]although higher than the secondary, already includes an increase in the policy rate [Monetary Board]Rosalia V. De Leon, National Treasurer, told reporters after the

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Noticias de dinero

JG Summit Cuts Net Losses on Strong Demand Growth

Conglomerate JG Summit Holdings Inc. said it recorded a consolidated net loss of 859 million pesos from January to September, less than the 2.4 billion pesos loss it suffered last year due to the impact of foreign exchange losses and other market value adjustments. Net core income for this period reached 6.5 billion pesos, ten

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