Asia Bond Collapse Spurs Borrowers to Repurchase Debt(Bloomberg) Asian companies are stepping up the pace of debt repurchases as prices fall to record lows.

India Cuts Interest Rates After Terrorist Attacks (Bloomberg) India’s central bank cut interest rates for the third time in less than two months after last week’s terror attacks shook investor confidence in an economy already weakened by a global recession.

‘We are bullish on the mobile wallet’ (The Economic Times) Roger Anderson, executive vice president of Nokia, expects the cell phone sector to resist the global downturn.