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Pak army chief fails to meet Saudi crown prince

It seems Saudi Arabia is in no mood to mend ties with Pakistan whose Army Chief General Qamar Javed Bajwa who flew in to Riyadh to placate an angry Saudi leadership failed to secure a meeting with......

Is the US credit crisis over?

One clue comes from the inter-bank lending market, and the interest rates that banks charge for lending money to each other. Commonly known as LIBOR (the "London interbank offered rate" - London......

India Inc raises over $2 bn abroad in April

India Inc raised around $2.06 billion abroad in April through external commercial borrowings and foreign currency convertible bonds, compared with $5.63 billion in March, according to data......

Stanchart, Calyon renege on loan of $250 million

The government's showcase Indian Infrastructure Finance Company Ltd has run into trouble with two leading global banks - Standard Chartered Bank and Calyon Credit Agricole - suggesting that they......

India Inc taps domestic mart

With the hardening of interest rates, which has pushed up the benchmark London Interbank Bid Offer Rate, investor appetite for Asian papers seems to be waning.As the foreign currency borrowings by......

Corporates ditch the dollar, bare yen for refinanc

Corporates are refinancing loans in yen against the earlier trend of dollar refinancing as the London interbank bid and offer rate-based yen loans are still cheaper than dollar loans.Over the last......

London Interbank

News for London Interbank

Pak army chief fails to meet Saudi crown prince

Is the US credit crisis over?

India Inc raises over $2 bn abroad in April

Stanchart, Calyon renege on loan of $250 million

India Inc taps domestic mart

Corporates ditch the dollar, bare yen for refinanc

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