Shibor Key for China's Rate Liberalization

Sept. 19 (Bloomberg) -- Tang Maoheng, Bank of China's chief product specialist of loan syndication, talks about the outlook for the market on the mainland. China’s Shanghai interbank offered rate, the measure guiding the interest banks charge to borrow from one another, will become a key benchmark for the country’s loan market, Tang said. He spoke on Sept. 12 with Bloomberg's Henry Sanderson in Beijing will attending an Asia Pacific Loan Market Association conference. (Source: Bloomberg)

Carlyle's Profit Declines 57% on Slow Asset Sales
33:49 - Carlyle Group LP said fourth-quarter profit declined 57 percent as asset sales slowed and its holdings didn’t appreciate as quickly as a year earlier. The firm said it will buy back as much as $200 million in its stock. (Source: Bloomberg)
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