State lenders have moved to ease pressure on their margins as part of a move to bolster the ailing property sector; home buyers will able to apply for lower interest rates from September 25

Decision comes as state banks are tipped to cut interest rates on existing mortgages, while other cities could follow Guangzhou's move

A Bangladeshi bank that handles most bilateral trade with Myanmar has frozen the accounts of two key Myanmar banks as US sanctions tighten the taps on the junta's financial resources

The biggest foreign bank in Myanmar warned local banks last week it will restrict all payments to and from Myanmar accounts, a move could help bring a quicker end to the country's bitter civil strife

Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving of its planned mega listing in 2020

Total e-CNY transactions hit 950 million but the digital currency only accounted for 0.16% of China's cash in circulation at the end of last month

India, the world's third biggest oil importer and consumer, currently pays for UAE oil in dollars but is looking to cut transaction costs by eliminating conversions

CITIC's Hong Kong platform is expected to demand its investment bankers move to the mainland with their pay lowered to local levels or face the prospect of losing their jobs, sources say

The city has set up a company to bail out its cash-strapped local government funding vehicles, sources say, after Xi ordered local officials to curb hidden debt

Investors are now hoping the strict rules that have stymied growth since late 2020 will start to ease, after China's central bank slapped a nearly $1 billion fine on Ant Group

Bankers said on Wednesday the RBI is calling for more lenders to take part in pilot programmes using the e-rupee in a bid to push the number of transactions to a million a day

Friday's $984 million fine on Ant Group, one of the largest ever for a Chinese internet company, is largely being seen as an end to Beijing’s tech crackdown