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IFC launches innovative Masala Bond for India in Japan

Washington, March 2 (IANS) IFC, a member of the World Bank Group, has launched its first Uridashi Masala Bond, mobilising Rs.300 million ($4.3 million) directly from Japanese household investors to promote private sector development in…








Chinese yuan weakens

Beijing, March 2 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 105 basis points to 6.5490 against the US dollar on Wednesday, according to the China Foreign Exchange Trading…








Syria talks to resume on March 9

Geneva, March 2 (IANS) The office of the Special Envoy for Syria on Tuesday said that Staffan de Mistura plans to resume intra-Syrian talks on March 9. “In order to allow adequate time to address…