interest rates

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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