India Private Banks See Corporate Loans Rise as Bond Yields Climb
Managements sounded fairly confident that credit demand will hold up.
Managements sounded fairly confident that credit demand will hold up.
Soybeans and corn futures extended gains as crude oil jumped after hostilities in the Middle East escalated, boosting the appeal of biofuels.
The US and Iran engaged in another wave of tit-for-tat attacks, signaling no let-up after strikes by the Islamic Republic killed two American service members in Jordan on Friday.
India’s top private banks are betting on a sustained pick up in lending after reporting healthy numbers in the first quarter of the fiscal year, as more companies shift away from pricier bond market borrowings to cheaper loans.
Jingye Steel Co. has reserved all legal rights, including international arbitration, over the UK government’s nationalization of British Steel.
South Korea laid out a detailed plan to make the won freely tradable among foreigners, its boldest step yet to liberalize the forex market and bring the currency closer to full convertibility.
The official death toll from the twin earthquakes that struck Venezuela last month rose to 5,119, according to National Assembly head Jorge Rodríguez.
For fund managers in London, New York and Tokyo, a new ritual has emerged before trading gets underway: checking South Korean stocks.
“I met with a financial representative who was not aware that AT&T was the shortened form of American Telephone and Telegraph.”