* Bangladesh pays nearly $30/mmBtu for prompt cargo - sources. * China and Turkey seek cargoes for winter. * Cameron LNG says Louisiana plant unit to return online this week. By Jessica Jaganathan. Asian liquefied natural gas prices surged by about 10% this week as demand continues to rise in the region despite higher prices and amid a supply crunch.
* Turkey cuts interest rate to 18% from 19% * Evergrande jumps 18%, onshore bond coupon payment "resolved" * HK Shares rise 1%, EM stock index extends gains to day three. * S.African cenbank seen holding rates. By Susan Mathew.
Turkey's central bank cut its benchmark interest rate on Thursday, when it had been expected to keep the rate steady as it had done in the five previous months. The central bank cut its key rate to 18% from 19%. The benchmark rate was forecast unchanged at 19% by FactSet.
Turkey's central bank said on Thursday it had decided to cut its policy rate after assessing the separate impact of demand factors, core inflation developments and supply shocks, as it unexpectedly cut its policy rate by 100 basis points to 18%. "The tightness in monetary stance has started to have a higher than envisaged contractionary effect on commercial loans.
The Turkish lira weakened some 1.5% to beyond 8.80 against the U.S. dollar on Thursday after the Central Bank cut its policy rate by 100 basis points. The lira fell as far as 8.808 before recovering slightly to 8.77 against the dollar at 1113 GMT, compared to 8.6550 before the rates announcement.
* Evergrande jumps 16%, onshore bond coupon payment "resolved" * HK Shares rise 1%, EM stock index extends gains to day three. * Turkey, S.African cenbanks seen holding rates. * Brazil cenbank signals another 100bps hike. By Susan Mathew.
* As world preps for tighter policy, Turkey looks to ease. * Erdogan has urged rate cuts despite rising inflation. By Jonathan Spicer and Nevzat Devranoglu. Turkey's central bank has begun setting the stage for an interest rate cut long sought by President Tayyip Erdogan, although most analysts don't think it will pull the trigger this week after inflation jumped and the lira took a slide.
* MSCI EM stocks index set for worst session in one month. * Evergrande hits 11-year low. * Cenbank meeting this week include U.S., Turkey, S.Africa. * S&P revises Botswana's outlook to 'stable' By Susan Mathew.
* As world preps for tighter policy, Turkey looks to ease. * Erdogan has urged rate cuts despite rising inflation. By Jonathan Spicer and Nevzat Devranoglu. Turkey's central bank has begun setting the stage for an interest rate cut long sought by President Tayyip Erdogan, although most analysts don't think it will pull the trigger this week after inflation jumped and the lira took a slide.
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