Local governments have raised $21 billion via special bonds this year to boost the capital of small and mid-sized banks…
Zhongzhi sent a note of apology to investors on Wednesday, saying it had liabilities of up to $64 billion. This…
Another year of consistent wage growth would force the Bank of Japan to consider ending its controversial monetary stimulus
Lawmakers in Japan area debating a move to allow listed businesses to report twice a year instead of having to…
Hong Kong’s Hang Seng Index saw its best day in four months, while the Nikkei rose 2.5% and most other…
Notorious hacking gang Lockbit claims the Industrial and Commercial Bank of China paid a ransom to resolve the attack on…
Security reviews are being undertaken in the US after the ICBC ransom attack, while China's top bank sent capital to…
China's biggest private developer expects to give key bondholders its cashflow projections by year's end, as part of the basis…
Some new local government debt quotas for 2024 have been issued in advance to reasonably ensure local financing needs, China's…
A month-end scramble for cash and a flood of government bond sales triggered an overnight record surge in rate for…
A former central bank official has warned the Bank of Japan might phase out stimulus by next month if pressure…
The move, proposed in a new debt-restructuring plan for offshore bondholders with about $19 billion of debt, would involve shares…