Analysis: Interest Rates

India business activity fastest in at least two decades, price rises sharp, PMI shows

BENGALURU -India private sector activity expanded at the fastest pace on record in August, fuelled by a robust surge in demand led by the dominant services sector, which allowed firms to hike prices...

China faces pivotal welfare reform test as court ruling hits jobs, small firms

BEIJING -China's top court ruling that makes it illegal for businesses and employees to avoid social insurance payments is stoking fears about jobs and the survival of small firms, forcing Beijing to...

India rate panel says US tariffs key drag on growth, flags benign inflation outlook

MUMBAI -India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation...

Indonesia's central bank surprises with rate cut, raises GDP outlook

Indonesia's central bank cut interest rates again in a surprise move on Wednesday and flagged it could cut some more, as it stepped up support for Southeast Asia's largest economy against the backdrop...

Rates: Don't celebrate too soon

The publication of the latest US inflation data has reinforced expectations of a rate cut at the Federal Reserve's next monetary policy meeting, scheduled for September 17. The burning question is...

US Treasury chief Bessent accuses India of profiteering on Russian oil purchases

WASHINGTON -U.S. Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases of Russian oil during the war in Ukraine, saying Washington viewed the...

Suits and smiles define new Ukraine talks

A look at the day ahead in European and global markets from Rocky Swift Volodymyr Zelenskiy dressed for success in his latest meeting with U.S. President Donald Trump at the White...

Bank Indonesia to hold rates at 5.25% on August 20, resume easing in Q4

BENGALURU -Bank Indonesia is expected to pause its easing cycle on Wednesday to assess the impact of earlier rate cuts as inflation has ticked up recently and economic momentum remained solid last...

Country Garden wins bank creditor group's support for offshore debt overhaul

Embattled Chinese property developer Country Garden said on Monday it had reached an agreement with a core group of bank creditors that holds 49% of its offshore debt, marking another step in its...

Brazil is open for business, Lula says at Chinese factory opening

SAO PAULO -Brazilian President Luiz Inacio Lula da Silva said on Friday that foreign companies that want to do business in Brazil are welcome, speaking at the opening ceremony for a factory for...

Busy September US corporate bond market expected despite lower rate cut odds

Companies' U.S. dollar bond issuance will likely carry September to one of the heaviest months for investment-grade supply this year, despite more volatility in Treasury yields as hopes for a bigger...

Indonesia unveils 2026 budget with lower deficit, targets fiscal balance within three years

Indonesian President Prabowo Subianto on Friday proposed a $234 billion budget for 2026, forecasting a deficit of 2.48% of GDP, while pledging to eliminate the shortfall and achieve a balanced budget...

Traders chase pips in China's stagnant bond market

SHANGHAI/SINGAPORE -Bond traders in China are facing their toughest conditions in at least a decade, as low interest rates and meagre price swings push fund managers to chase yield in alternative...

China's property investment falls 12% y/y in January-July

BEIJING -Property investment in China declined 12.0% in the first seven months of the year from the same period last year, after dropping 11.2% in the first half, official data showed on Friday. ...

Instant View: S&P Global upgrades India's sovereign credit ratings to "BBB"

Credit ratings agency S&P Global upgraded India's long-term unsolicited sovereign credit ratings to BBB from BBB- on Thursday, citing economic resilience and sustained fiscal consolidation. ...

India's long bond rally falters as fiscal risks mount, demand ebbs

MUMBAI -The rally in India's long-duration bonds is faltering due to dwindling demand from banks, insurers and pension funds, coupled with rising fiscal concerns and limited potential for further...

Road King to suspend all offshore debt payments, explore restructuring

Road King Infrastructure said on Thursday it has decided to suspend payment of all of its offshore debt obligations and it would explore a restructuring for its offshore debt. Road...

Road King to become first Hong Kong developer to default on bond as pressure mounts

HONG KONG -Some bondholders of Hong Kong developer Road King Infrastructure have not received coupon payments after a 30-day grace period expired on Tuesday, adding to risks in the domestic property...

China pledges more financial support for consumption with loan interest subsidy

BEIJING/HONG KONG -China plans to boost domestic consumption by offering interest subsidies on loans to households and businesses, aiming to reduce borrowing costs and spur spending, Vice Finance...