China edged its way toward a credit crunch last week, spooking investors, businesses, analysts – and perhaps more than anyone – the banks themselves. Liquidity in the country's money market appeared to suddenly dry up after a ...
Tags: Risky Economy, credit crunch
Entire jewellery industry of India is highly upset with the government's recent measures to curb import of gold to contain the Current Account Deficit (CAD) as it (the industry) has already started feeling the impact of condensed supply of ...
Billionaire Carl Icahn is approaching investors for$5.2bn in loans to back an alternative bid to buy out ailing PC maker Dell. Icahn,who will become Dell's largest external investor if Southeastern sell him about$1bn of its Dell shares,is ...
Tags: Carl Icahn, Dell, PC, investor
Mystery surrounds recent reports that Premier Foods has sold £100M worth of its debt to US private equity house Apollo Global Management. Premier Foods brands include Hovis, Mr Kipling and Ambrosia The story originated from US ...
The state-owned Japan Oil, Gas and Metals National Corporation hasdecided this week to provide guarantees of up to 75% of bank loans to new LNGprojects that are deemed to help reduce Japan's import costs for the fuel, aJogmec official said ...
Tags: Metallurgy, Mineral, Energy
Foreign media said that New Zealand will build the third LTE network in 2014 after Zelanian carrier 2Degrees declared getting bank loans worth NZD 165 million. 2Degrees is one more local carrier to launch 4G networks in the nation after ...
Tags: Electrical, Electronics, 4G Networks
The Equipment Leasing & Finance Foundation (the Foundation) has released the June 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of ...
Sony has been urged to create an independent entertainment arm by New York hedge fund Third Point, which has raised its stake in the struggling electronics giant. Third Point has suggested Sony CEO Kazuo Hirai be made chairman of the ...
Tags: Computer Products, software
TCL Corporation (SZSE: 000100) revealed that a notice has been received from Century Science and Technology Investment Corporation, agreeing to exempt China Star Optoelectronics Technology (CSOT) from debts worth CNY 5.1 billion for an 8.5G ...
Tags: TCL, Electrical, Electronics
1. The completion of real estate investment The total investment in real estate development in the first five months of 2013 was 2,679.8 billion yuan, up by 20.6 percent year-on-year in nominal term, 0.5 percentage points lower than that ...
Tags: National Real Estate, Sales
From January to May 2013, the investment in fixed assets (excluding rural households) reached 13,121.1 billion yuan, up by 20.4 percent year-on-year in nominal terms, the growth rate decreased 0.2 percentage point over that in the first ...
Tags: Fixed Assets, Investment
The Australian dollar slumped to a near three-year low during Asia trade after local economic data disappointed and Goldman Sachs warned the resource-rich country was at risk of a steep economic downturn. New government figures today ...
Tags: Australian Dollar, Service
AST Sportswear Inc.—- an Anaheim, Calif.-based manufacturer and distributor of T-shirts, activewear, private label garments and labor force uniforms — has received a $600,000 loan from Mercantile Capital Corp. (MCC) — an ...
Tags: AST, Textile, Manufacturing Operations
The World Cocoa Foundation (WCF) is investing $3m to support cocoa improvement projects in Africa, Asia, and Latin America. The initiative will use a range of methods including internet resources, mobile phone technology and microfinance ...
Tags: Cocoa, Agriculture, Food
Foreign media said that China and Costa Rica have inked agreement, according to which China will offer loans worth USD 400 million to Costa Rica. Most of the loans come from The Export-Import Bank of China (China Eximbank). The lender ...
Tags: Loans, Costa Rica