interest rates

Sales in Manhattan apartments jump, hits year-end record

A report by brokerage Douglas Elliman Real Estate and appraiser Miller Samuel Inc released today indicated an influx of home property sales in the Manhattan, New York area in anticipation of increasing prices and interest rates.

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Structured investments by US banks jump to USD69 billion in third quarter - FDIC

New data released by the US Federal Deposit Insurance Corporation reflected the increasing activity in structured products purchases by US banks to offset effects of low interest rates.

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USD1.6 trillion in Chinese local government debt blocks freedom of interest rates - Capital Economics, BNP Paribas

Analysts warned that unless the state of China address the USD1.6 trillion debt incurred by its municipalities via local government financing vehicles, interest rates would skyrocket.

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Vitol SA's debt rates same as Glencore negotiated rates

Vitol SA obtains favorable LIbOR for its one year and three year credit lines.

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Lowered interest rates provide better business to Indian banks

The Fed Reserve's turnaround on tapering had opened better loan prospects for banks in India.

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Spain's interest rates hurting small businesses

The higher interest rates imposed on small businesses hurt the Spanish recovery program.

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Interest rate rise, stock price fall affect consumer sentiment

The increase in interest rates and decrease in stock price took off the glow in consumer sentiment.

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Praet: ECB's rates to remain low while inflation is moderate

ECB's executive board member said that the bank's interest rates would remain the same as long as inflation stays moderate.

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China Allays Banking System Liquidity Fears

The chairman of the Chinese Banking Regulatory Commission allays fears of liquidity issues saying that the system has sufficient funds to cover all settlements.

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