Analysis: Interest Rates

Singapore's CapitaLand to invest $2.2 billion in Mumbai, Pune commercial real estate

Singapore's CapitaLand Investment signed an agreement with the state government of Maharashtra, India to invest 192 billion rupees by 2030 to drive its growth in Mumbai and Pune, the real estate...

China Evergrande liquidators say $255 million of assets have been sold

HONG KONG -Liquidators of China Evergrande Group said on Tuesday they have sold about $255 million of its assets 18 months into China's largest debt liquidation process and taken control of more than...

Emerging countries' debt payments to private lenders dwarf those to China

Lower-income countries' external debt payments to private lenders remain three times higher than payments to China, research shows, shedding light on the complex, costly web of creditors they face as...

Kenya taps development banks for airport expansion after ditching Adani deal

NAIROBI -Kenya has invited international development lenders to finance a $2 billion expansion of its main airport in Nairobi nine months after it cancelled a deal with India's Adani Group after its...

India plans credit guarantees for small firms, exporters hit by US tariffs, sources say

NEW DELHI/MUMBAI -India is planning to provide credit guarantees for loans overdue up to 90 days to small businesses and exporters, amid higher tariffs imposed by the U.S., two government sources...

Rates: Towards a rate cut in September

In line with the recent move by the Bank of England , European countries are easing monetary policy in order to boost sluggish growth. Conversely, the US has been on hold since last December, but...

Rupee outlook hinges on US tariffs, RBI action; bonds to track inflation data

MUMBAI -The Indian rupee's trajectory will depend on developments around U.S. tariffs and the Reserve Bank of India's response if the currency comes under renewed pressure, while government bonds...

China ends tax exemption on bond interest income effective Aug 8

SHANGHAI -China has reinstated value-added tax on interest income from new bonds issued by government and financial institutions starting Friday, ending a long-standing tax break to ease growing...

Trump announces $100 billion new investment pledge from Apple

WASHINGTON -President Donald Trump announced on Wednesday that Apple will invest an additional $100 billion in the United States, a move that could help it sidestep potential tariffs on iPhones. ...

India central bank panel suggests keeping weighted average call rate as policy target

MUMBAI -An internal working group of the Reserve Bank of India has suggested keeping the overnight weighted average call money rate as the operative target of monetary policy, and has recommended a...

Fed coos, Palantir soars

What matters in U.S. and global markets today For all the fog surrounding Friday's payrolls data and the accuracy of the statistics, some Federal Reserve officials -...

India services growth hits 11-month high in July on stronger exports, PMI shows

BENGALURU -Growth in India's services sector accelerated to an 11-month high in July, driven by strong international demand and sustained domestic sales, a survey showed on Tuesday. The...

India's JSW Steel, Japan's JFE to invest $669 million to boost electrical steel output

A joint venture between India's JSW Steel and Japan's JFE Steel will invest 58.45 billion rupees to expand production capacity of cold rolled grain-oriented electrical steel across two Indian plants...

India's Godrej Properties plans its largest-ever bond issue, sources say

Godrej Properties, the real estate unit of India's Godrej Industries, is set to tap the corporate bond market later this month with its largest issue to date, three sources aware of the matter said. ...

Tariff day hits as Amazon stumbles

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets A tariff day blitz, pharma hit and Amazon stumble all left a cloud over...

Indonesia's economic growth likely slowed again in Q2

BENGALURU -Indonesia's economy likely grew at its slowest pace in nearly four years last quarter as weak household spending weighed on overall growth and offset a boost from exports, according to a...

Price hikes may soon bite as firms sell off pre-tariff inventory, says global business group

LONDON -Tariff-related price hikes may start to bite at the end of the third quarter as companies may by then have sold off U.S. stockpiles built up ahead of the new duties, according to the...

India's RBI unlikely to re-introduce fixed-rate liquidity operations, sources say

MUMBAI -India's central bank is unlikely to re-introduce the policy of lending money daily to banks at a fixed rate, despite increased clamour for it from market participants, three sources said on...

Bank of England set to split again in face of inflation, job risks

LONDON -The Bank of England is expected to cut interest rates next week but the likelihood of a fresh three-way split among policymakers underscores the conflicting risks posed by rising inflation...