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Search results for "mongolia"



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UPDATE 1-Rio Tinto set to decide on expansion of Mongolia copper mine

*Copper chief says final investment decision expected early 2016. SYDNEY, Nov 26- Rio Tinto is lining up project financing for a $4 billion expansion of its long-delayed Oyu Tolgoi copper mine in Mongolia and will make a final investment decision early next year, a senior executive said on Thursday. "At the end of the day, what we need is consistency and stability and...
Source: Reuters | By: James Regan
EBRD sends China membership plan to governments for approval

LONDON, Nov 11- The European Bank for Reconstruction and Development's management backed China's bid on Wednesday to become a member of the bank, paving the way for what is expected to be final approval by shareholder governments next month. But work the EBRD is already planning in countries like Kazakhstan overlaps with China's so-called "One Belt, One Road"...
Source: Reuters | By: Marc Jones
China Inner Mongolia Autonomous Region municipal bond auction yield 44 bps above lower limit - traders

SHANGHAI, Nov 9- China's Inner Mongolia Autonomous Region auctioned five-year municipal bonds at 44 basis points above the auction's lower limit set by auction rules, traders said on Monday, a new high for China's nascent municipal debt market. On October 27, Anhui province auctioned 10- year bonds at 40 basis points above the auction's lower limit, marking the...
Source: Reuters
Moody's warns of impact from China slowdown and US rate hike

LONDON— Rating agency Moody's warned Wednesday that a slowdown in global growth linked to China and a rise in U.S. interest rates are two key reasons why it could lower its credit grades for countries next year. Moody's said higher U.S. interest rates will create more uncertainty for countries like Turkey, Tunisia, Venezuela and Argentina, that have in recent...
Source: The Associated Press