China will overhaul its investment and financing system to stimulate market vitality amid the economic downturn, according to a document released Monday by the central authorities. The government will cut red tape, improve supervision and ...
Tags: Financing Reform
China is set to boost local debt swap by admitting municipal bonds as collateral for borrowing. Under the new rule, banks can pledge municipal bonds as collaterals in the central bank's repurchase agreement operations and other liquidity ...
The total value of yuan-denominated bonds issued in China in the first quarter of the year reached 3 trillion yuan ($490 billion), up 39 percent from a year earlier, the central bank said on Monday. Of the bonds issued during the period, ...
State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...
In the first half of 2014, Dufry’s turnover reached CHF 1,707.9 million and grew by 6.7% in constant FX rates and 2.4% when translated into Swiss Franc. Organic growth accelerated in the second quarter to 5.0% from 2.2% in the first ...
Chinese copper prices firmed this week on domestic supply tightness and the State Council's announcement of capital market reforms, industry sources said Tuesday. The most active 1406 copper futures contracts on the Shanghai Futures ...
Tags: Copper Prices, Domestic Supply
China Merchants Securities (SHSE: 600999) announced on May 20 that the board of directors agreed the company to issue no more than CNY 3 billion no more than 91-day financing bonds, the fifth term of 2013. The management team was ...
The Australian dollar traded slightly lower during holiday-thinned Asian trade as a dearth of local developments left traders waiting for key events offshore. Topping the watch list are European Central Bank and US Federal Reserve ...
Tags: Australian dollar, bond issuance
Debt-laden food manufacturer Premier Foods is probably “a zombie company”, according to City analyst Panmure Gordon. Premier Foods is ‘probably a zombie company’, said City analyst Panmure Gordon Its executive ...
Tags: Premier Foods, food manufacturer, food
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp.has announced that it plans to issue short-term bonds worth RMB 6.3 billion ($1 billion), in a first phase of short-term bond issuance for the current year. The ...
Tags: steelmaker, short term bonds, iron ore
The Arkansas Economic Development Commission announced Tuesday that Big River Steel, LLC will build a more than $1 billion steel mill in Mississippi County, Arkansas that will employ about 500 people. The plans are contingent on approval ...
Tags: Steel, steel plant, steel mill
ArcelorMittal announces the extension of the conversion date for the USD 1 billion privately placed mandatory convertible bond issued on December 28th 2009 by one of its wholly owned Luxembourg subsidiaries. This amendment to the MCB, which ...
Tags: Conversion, Arcelor Mittal, Stock Investment, Steel
The ratings on the Russian vertically integrated steel group OAO Severstal are constrained by our view of the highly cyclical, capital-intensive, and competitive nature of the steel industry. Steel margins are relatively weak, and in our ...
Tags: steel group, steel, iron ore, coking coal mining
The ratings on the Russian vertically integrated steel group OAO Severstal are constrained by our view of the highly cyclical, capital intensive and competitive nature of the steel industry. Steel margins are relatively weak and in our ...
Tags: OAO Severstal, steel industry, Russia, steel
Taipei,Oct.17,2012(CENS)--After the absence of new issuance for two years,a new product will hit the global-board bond market,as BNP Paribas will float 200 million Australian dollars of corporate bond,with interest rate topping 4%.Since the ...