Search results for "RRR"



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Chinese IPO indicates some recovery in US drought

In another sign the IPO market may be recovering, the largest online provider of spot commodity trading services in China began trading Wednesday.
Source: | By: Evelyn Cheng
Casino operator Red Rock expects to raise $569 mln in IPO

April 15- U.S.-based casino operator Red Rock Resorts Inc plans to raise as much as $569 million in an initial public offering. The company expects the offering of 27.1 million class A shares to be priced at $18- $21 per share, it said in a regulatory filing on Friday. Red Rock said it had applied to list its shares on the Nasdaq under the symbol "RRR".
Source: Reuters
What China GDP means for the PBOC  

Liquidity-boosting measures such as RRR cuts can help the overall economy, argues Mitul Kotecha, head of Asia FX and rates strategy at Barclays.
UPDATE 1-HK overnight yuan rates go negative as bears exit short positions, RRR bites

SHANGHAI/ HONG KONG, March 31- The overnight offered rate for offshore yuan plunged to -3.725 percent on Thursday, the first time it has quoted in negative territory, with some analysts saying the slide showed investors short on offshore yuan were quitting their positions in a hurry. If true, it would mark a victory for the People's Bank of China in its war against...
Source: Reuters | By: Pete Sweeney and Umesh Desai