Capital Markets | Debt/Equity
India’s banks—both private and state-run—have been given a powerful tool to deal with bad loans.
Milestones | New Zealand
In June, the Reserve Bank of New Zealand lowered its key cash interest rate a quarter of a percentage point to 3.25%, the first time the central bank has cut rates cut since 2011, citing a combination of deflationary pressure, plunging commodity prices and a slowdown in key export markets like China.
Capital Markets | Project Finance
Brazil’s multinational metals and mining group Vale has signed a $2.1 billion agreement with the Export-Import Bank of Korea.
with Clifford Lee, DBS Bank