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China s Tencent draws $41 billion orders for $5 billion bond sale

BEIJING, China – Chinese gaming and social media titan Tencent has raised $5 billion in a bond issue which attracted orders totalling more than $41 billion for its biggest dollar-denominated sale so far, Bloomberg reported Friday, January 12. The group, known for its wildly popular Honor of Kings video game ........»»

Category: newsSource: rappler rapplerJan 12th, 2018

Investors swamp Philippine’s $1.5-B global bond sale

The Philippines raised $1.5 billion in new money from the sale of 10-year dollar-denominated global bonds, marking the country’s successful return to the international debt market this year, the Bureau of the Treasury (BTr) reported yesterday......»»

Category: financeSource:  philstarRelated NewsJan 9th, 2019

PH global bond sale successful – Treasury

The Philippines has made a successful return to the international capital markets, the Treasury bureau announced on Tuesday. raising $1.5 billion via a 10-year global bond offering. “The newly issued…READ The post PH global bond sale successful – Treasury appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 9th, 2019

Philippines raises $1.5-B from global bond sale

The Philippines raised $1.5 billion of debt from the sale of 10-year global bonds, the Bureau of the Treasury reported Tuesday, marking the first such issue from an emerging market this year......»»

Category: financeSource:  philstarRelated NewsJan 8th, 2019

UnionBank raises P10.5 billion from first bond tranche sale

Aboitiz-led Union Bank of the Philippines raised P10.5 billion as investors swarmed the first tranche of its P20-billion bond and commercial paper program......»»

Category: financeSource:  philstarRelated NewsNov 26th, 2018

Bank of China, DOF sign MOU on panda bond issuance

The Department of Finance (DOF) and the Bank of China (BOC) on Tuesday forged a cooperation agreement to help facilitate the Philippine government’s future panda-bond issuances worth six billion renminbi (RMB) over the next two years......»»

Category: financeSource:  philstarRelated NewsNov 22nd, 2018

RMB 6-B multi-tranche ‘panda’ sale eyed

THE PHILIPPINES is looking to sell about 6 billion renminbi worth of bonds in several tranches over the next two years, after it signed a memorandum of understanding (MoU) with China providing for its return to the “panda” debt market, the Department of Finance (DoF) said in a statement on Wednesday......»»

Category: newsSource:  bworldonlineRelated NewsNov 21st, 2018

Alibaba hits another Singles Day record but growth slows

SHANGHAI, China – Chinese e-commerce giant Alibaba filled a record $30.7 billion in orders on Sunday, November 11, during its annual "Singles Day" shopping frenzy, but growth slowed from previous years. The world's biggest 24-hour shopping event, celebrating its tenth year, kicked off early Sunday and once again shattered its ........»»

Category: newsSource:  rapplerRelated NewsNov 12th, 2018

China’s Tencent, KKR to invest in PayMaya developer

Chinese technology giant Tencent Holdings, the developer of WeChat, and a United States-based fund are entering PLDT Inc.'s digital innovations arm--- a move seen to accelerate the use of cashless payments in the Philippines over the next few years. In a joint statement, PLDT said Tencent and investment firm KKR will invest up to $175 million (P9.5 billion) into PLDT unit Voyager Innovations, which operates the mobile wallet PayMaya. The deal was branded yesterday as the single largest investment to date in a Philippine tech company. "We can scale up and that's what Tencent and KKR want to do," PLDT chair and CEO Manuel V. Pangilinan told reporters in a briefing on Thursday. "Al...Keep on reading: China’s Tencent, KKR to invest in PayMaya developer.....»»

Category: newsSource:  inquirerRelated NewsOct 4th, 2018

BPI unveils plan to raise P50 billion from bond sale

BPI unveils plan to raise P50 billion from bond sale.....»»

Category: financeSource:  thestandardRelated NewsSep 20th, 2018

Gov t bond sale eases 8-month dollar outflows from PH

For the month of August alone, the country's overall balance of payments position posted a surplus of $1.27 billion, marking a reversal from the $7 million deficit recorded in the same month l.....»»

Category: newsSource:  philippinetimesRelated NewsSep 20th, 2018

Bond sale lifts forex reserves in August

The country’s foreign exchange buffer strengthened in August due to strong inflows after the national government raised $1.4 billion from the sale of multi-tranche Samurai bonds......»»

Category: financeSource:  philstarRelated NewsSep 8th, 2018

ING pilots peso green bond

Consistent with its commitment to help address today’s environmental problems, ING Bank N.V. (ING Bank) recently arranged the first 10-year local bond sale amounting to P1.06 billion from the Southeast Asia. The Dutch financial services giant said the sale proceeds will be utilized to support the Singapore-based Sindicatum Renewable Energy Company Pte. Ltd. (Sindicatum Renewables) […].....»»

Category: newsSource:  tribuneRelated NewsSep 4th, 2018

Gov’t raises $1.39B from yen debt sale

THE PHILIPPINES raised a total of ¥154.2 billion, or about $1.39 billion, as it returned to the “samurai” bond market after eight years, the Department of Finance (DoF) said in a statement on Wednesday. The post Gov’t raises $1.39B from yen debt sale appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 9th, 2018

Gov’t raises $1.39B from yen debt sale

THE PHILIPPINES raised a total of ¥154.2 billion, or about $1.39 billion, as it returned to the “samurai” bond market after eight years, the Department of Finance (DoF) said in a statement on Wednesday. The department said the government raised ¥107.2 billion in three-year papers with a 0.38% coupon, ¥6.2 billion in five-year debt that… link: Gov’t raises $1.39B from yen debt sale.....»»

Category: newsSource:  manilainformerRelated NewsAug 8th, 2018

Philippines raises $1.39-B of debt from samurai bond sale

The Philippines marked its return to the “Samurai” debt market after an eight-year break and this time, it has sold $1.39 billion (¥154.2 billion) in yen-denominated bonds, the Department of Finance said......»»

Category: financeSource:  philstarRelated NewsAug 8th, 2018

Japanese financial giants: PH samurai bonds to make a killing

Five large Japanese financial institutions are supporting the Philippines' upcoming $1-billion samurai bond sale, the first issuance without a guarantee. The Department of Finance (DOF) said i.....»»

Category: newsSource:  philippinetimesRelated NewsJun 21st, 2018

Philippines plans $1-billion samurai bond sale

MANILA, Philippines – The government is planning to issue samurai bonds amounting to $1 billion this year, Finance Secretary  Carlos Dominguez III said in front of businessmen in Tokyo, Japan on Tuesday, June 19. The plan comes after the government's issuance of $2 billion worth of one-year dollar ........»»

Category: newsSource:  rapplerRelated NewsJun 19th, 2018

$2B left in foreign borrowing program

THE GOVERNMENT has about a $2-billion borrowing space left for its planned “samurai” bond and second global bond sale under its program for foreign commercial loans this year, the Bureau of the Treasury (BTr) said. According to Deputy Treasurer Sharon P. Almanza, the national government is tapping about $2.5 billion in official development assistance (ODA) […] The post $2B left in foreign borrowing program appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 27th, 2018

China cutting US soybean purchases in face of tariffs threat

WASHINGTON --- With the threat of tariffs and counter-tariffs between Washington and Beijing looming,Chinese buyers are canceling orders for US soybeans, a trend that could deal a blow to American farmers if it continues. At the same time, farmers in China are being encouraged to plant more soy, apparently to help offset any shortfall from the United States. Beijing has included soybeans on a list of $50 billion of US exports on which it has said it would impose 25 percent tariffs if the United States follows through on its threats to impose the same level of tariffs on the same value of Chinese goods. The U.S. tariffs could kick in later this month; China would likely retaliat...Keep on reading: China cutting US soybean purchases in face of tariffs threat.....»»

Category: newsSource:  inquirerRelated NewsMay 9th, 2018

Trump orders huge tariffs on China, raises trade war worries

WASHINGTON — Primed for economic combat, President Donald Trump set in motion tariffs on as much as $60 billion in Chinese imports to the U.S......»»

Category: newsSource:  philstarRelated NewsMar 23rd, 2018