Financial News Wire

DUBAI SETS UP $5 BILLION BONDS PLAN AFTER YIELDS SINK TO LOW

Dubai Sets Up Billion Bonds Plan After Yields Sink to Low Dubai set up a billion bond program to help bridge its budget deficit and fund investments as yields fell to the lowest in at least two years this month. Read more on BusinessWeek From Model T to Flex In June, 1921, Theodore Robins opened [...]

DUBAI HOLDING UNIT DELAYS LOAN REPAYMENT AGAIN

Dubai Holding unit delays loan repayment again * Repayment of 5 mln loan extended to Nov. 30 Read more on Reuters via Yahoo! Asia News China Regulator to Require 2.5% Loan-Loss Reserves, Guosen Says China’s banking regulator is drafting a plan requiring banks to maintain loan-loss reserves equivalent to 2.5 percent of total lending, according [...]