Analysis: Interest Rates

India to borrow record 17.2 trillion rupees in fiscal year 2027

India's federal government will borrow a record 17.2 trillion rupees in fiscal year 2026-27, with the bond supply higher than most market estimates, the annual budget showed on Sunday. ...

Powell Holds Firm on Rates, Avoids Political Entanglements Amid Legal Challenges

While the Fed's decision was widely anticipated by investors, Jerome Powell was expected to address several issues that have dominated the Fed's headlines since the start of the year. And he delivered...

Adani group firm to swap part of dollar debt with rupee after top rating, sources say

A unit of Indian billionaire Gautam Adani-led group plans to refinance part of its dollar debt with rupee funding over the next three months, following an upgrade of its credit rating to the highest...

China logs first fiscal revenue drop since 2020 on property slump, weak consumption

China's fiscal revenue fell 1.7% in 2025 from a year earlier, the finance ministry said on Friday, the first contraction since 2020 as a protracted property slump and weak domestic demand saddled the...

India central bank defers plan to mandate climate risk disclosures by banks, sources say

India's central bank has put on hold plans to ask domestic lenders to disclose and manage risks from climate change, three sources directly familiar with the discussions said. Getting a...

China reportedly drops rules that sparked property crisis, developer shares surge

China has done away with borrowing limits on property developers known as its three red lines policy, local media said on Thursday, an apparent end to rules that triggered a debt crisis which...

India cenbank proposes rules for banks to implement relief measures during natural disasters

India's central bank has proposed a set of guidelines for banks and other regulated entities on Tuesday, for the implementation of resolution plans during natural calamities. The banks...

Indonesian president's nephew appointed to central bank, raising independence concerns

Indonesia's parliament on Tuesday appointed President Prabowo Subianto's nephew, Thomas Djiwandono, as a deputy governor of the central bank, in spite of some concerns his installation will undermine...

Indonesian lawmakers to approve new central bank board member

Indonesia's parliament is set to give its initial approval for a new member of the central bank's board late on Monday, once it has completed competency tests for President Prabowo Subianto's nephew...

India to stick to fiscal consolidation path in February 1 budget, say all economists: Reuters Poll

The Indian government will stick to its path of fiscal consolidation in its February 1 budget, all economists polled by Reuters said, mainly due to slower revenue growth following recent tax cuts. ...

Danantara Indonesia to deploy up to $14 billion this year, CIO says in Davos

Sovereign wealth fund Danantara Indonesia expects to invest up to $14 billion this year using dividends from businesses it already owns, its chief investment officer told Reuters, while also planning...

China likely to set 4.5%-5% growth target in 2026, SCMP reports

China is likely to set a 2026 official economic growth target of between 4.5% and 5%, the South China Morning Post reported on Friday, reflecting how even a $1.2 trillion trade surplus cannot shield...

Roomba maker's sale to Chinese manufacturer approved by US bankruptcy judge

A U.S. bankruptcy judge on Thursday approved a Chinese manufacturer's bid to acquire Roomba maker iRobot, although the sale still requires clearance from other U.S. regulators. The...

China's rural banks struggle to sell seized properties despite hefty discounts

Chinese rural banks are unable to find buyers for hundreds of foreclosed properties they are auctioning despite offering steep discounts, deepening a real estate crisis and adding to risks for the...

Fitch expects Japan to keep deficits within manageable levels despite tax cut

Fitch Ratings expects Japan's government to continue to keep deficits within manageable levels after a lower house election next month as Tokyo faces pressure from the bond market over tax cuts, its...

Indonesia central bank keeps rates unchanged amid rupiah weakness

Indonesia's central bank held its key policy rates steady on Wednesday, as expected, saying the level was supportive of economic expansion while remaining consistent with its goal to anchor the...

Indian lenders to seek RBI approval for longer bulk deposits, sources say

Indian banks will approach the Reserve Bank of India for approval to raise bulk deposits for up to three years compared to the current one year cap, three sources familiar with the discussions said on...

Why has the Indonesian rupiah hit a record low despite dollar weakness?

Indonesia's rupiah hit an all-time low against the U.S. dollar on Tuesday, even as the dollar index slid, amid renewed worries about central bank independence after the president picked his nephew...

China leaves benchmark lending rates unchanged, as expected

China left benchmark lending rates unchanged for an eighth consecutive month in January on Tuesday, matching market expectations. The one-year loan prime rate was kept at 3.0%, while...