Sterne Agee Downgrades Oil States International (OIS) to Neutral

Traders said sustained tightness in cash conditions has raised hopes for another round of open market operations by the Reserve Bank of India this week. Strong foreign investor demand at the auction for debt quotas on Monday was also underpinning the market ...

The one-year OIS was trading 1 basis point lower at 7.08 per cent, while the benchmark five-year swap rate was down 3 bps at 6.73 per cent. "The way things are priced the market seems to be expecting some dovish surprise from RBI. Either 25 bps with further ...

The one-year OIS was trading 2 basis points lower on the day at 7.06 per cent, a level last seen on Jan. 6, 2011. The benchmark five-year swap rate was down 3 bps at 6.69 per cent, its lowest since Sept. 12, 2011. Traders said the OIS rates will continue to ...

fell 1 basis point to 6.74 per cent to hit the lowest since September 2011, extending steep falls as optimism over rate cuts next month continues to spur receiving. "We have seen aggressive interest from our hedge fund customers in Singapore for the five-year ...

Nokia has just announced its new PureView device, the Lumia 928 for Verizon. The highlight of the phone is its pairing of a Xenon flash with the optical image stabilization assembly from the 920. The camera is a 8.7MP unit which will let you shoot images in ...

Nokia puts up an official teaser page for the Lumia 928 gsmarena.com: (3 Days ago) The Lumia event Nokia has planned for May 14 is drawing near and the indications that the Nokia Lumia 928 will be the star of the show are growing stronger. We saw ...

Benchmark five-year swap rate was down 3 basis points at 7.18 per cent and the one-year rate edged lower 1 basis point to 7.40 per cent.

One-year overnight interest swap (OIS) is up 3 basis point at 7.23 per cent, retracing from a near 28-month low.

The falls are driven by rising expectations of a rate cut in RBI's May 3 policy review on the back of lower-than-expected core wholesale inflation.