The Hong Kong Monetary Authority kept its key interest rate unchanged in lockstep with the Federal Reserve, sparing businesses and homeowners from higher borrowing costs while the economy regains strength.
As part of the plan, Vedanta Resources is to pledge 13% of its stake in Vedanta Ltd (VDL) to secure a $1.25 billion financing package from a group of lenders led by Standard Chartered Bank and New York-based Cerberus Capital Management to help avert a default on $1 billion of bonds that are due in January, according to people familiar with the matter.
History may provide some insight into the question of whether countries will keep their word and move away from planet-warming fossil fuels and toward more green energies
The African Development Bank Group and The Islamic Corporation for the Insurance of Investment and Export Credit , a multilateral credit and political risk insurer and a member of the IsDB Group,.