China Expected to Leave Benchmark Loan Rates Unchanged in Sept

SHANGHAI, Sept 19 Reuters China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Wednesday, a Reuters survey showed, as fresh signs of economic stabilisation and a weakening yuan constrained further monetary easing efforts. The loan prime rate LPR normally charged to banks39; best clients is calculated each month after […]
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Oil Prices Rise on Supply Deficit Concerns

Sept 19 Reuters Oil prices rose on Tuesday for a fourth consecutive session as weak U.S. shale output spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia. Global oil benchmark Brent crude futures were up 50 cents, or 0.53, to 94.93 a barrel by 1116 GMT. U.S. […]
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Indian Samhi Hotels IPO Oversubscribed Five Times

BENGALURU, Sept 18 Reuters The initial public offering IPO of Samhi Hotels, which operates Marriott, Hyatt and IHG hotels in India, was oversubscribed by over five times, inviting bids worth 41.96 billion rupees 504 million, exchange data showed on Monday. Investors bid for 333 million shares by the final day of bidding, 5.33 times more […]
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