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VietNamNet Bridge Vietnam Shipbuilding Industry Group (Vinashin)’s outstanding loans have reached $2bil, which is much higher than its stockholder equity. Vinashin s Chairman Pham Thanh Binh talks about its borrowing, paying debts and investments.

State Leaders Avert Cash Crisis, For Now (KRXI-TV Reno)
Gov. Arnold Schwarzenegger declared California’s brisk sale of short-term notes as “a vote of confidence” that will help the state avoid a cash crisis at the end of the month.

Australian Central Bank Sees A$1.8 Billion Cash Deficit Today (Bloomberg)
Oct. 16 (Bloomberg) — The Reserve Bank of Australia estimated money markets will have a deficit of A$1.82 billion ($1.2 billion) today as it prepares to inject cash into the financial system.

India’s central bank cuts bank cash reserve ratio (AP via Yahoo! Finance)
India’s central bank took another step Wednesday night to encourage capital flows through its financial system, cutting bank’s cash reserve ratio by another percentage point.

Dollar o/n rates ease in Asia as ECB, BOE pump cash (Reuters via Yahoo! Singapore News)
SINGAPORE, Oct 16 (Reuters) - U.S. dollar short-term funding costs eased on Thursday, softening for the third straight day in Asia, after the promise of more cash support for money markets from central banks in Europe.