12/29/2014
Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do.
12/29/2014
Chinese authorities are seeking to strengthen their collaboration with Western countries to recover ill-gotten assets which have been sent offshore.
12/28/2014
The hike in FDI cap in the insurance sector has potential to attract up to USD 7-8 billion
12/28/2014
India's central bank chief lashed out at Uber
12/28/2014
He had acted as a representative of JPMorgan Singapore in the dealing of securities from Sept 2013 to Jan 2014
12/28/2014
He said next year could see more policy adjustments to reduce funding costs
12/27/2014
A crackdown on inside trading in China since the second half of last year has resulted in 39 suspects from over 20 financial institutions being handed over to police
12/26/2014
New State Council guidelines cut red tape for companies investing or raising funds abroad
12/26/2014
Bank dismisses claims, says lawsuit filed as a counter after loan defaultt
12/25/2014
The custodians' reports should also include the information of bank accounts opened and closed by the respective AMCs.
12/25/2014
The approved banks include Zhejiang Wangshang Bank, in which Alibaba holds a 30 percent stake, Wenzhou Minshang Bank, Tianjin Jincheng Bank and Shanghai Huarui Bank.
12/23/2014
Shadow banking is therefore harder to regulate, he said.
12/22/2014
The result will be that all customers who have ever been charged late fees by these organisations will be eligible to share in an eventual successful outcome, should the class actions prevail
12/22/2014
The Chinese cabinet unveiled rules to ease market access for foreign banks in order to open up the domestic financial sector.
12/22/2014
As OCBC finds out, global players operating in China need to go through a long and opaque regulatory process of rebranding after a tie-up
12/21/2014
Starting next week the Australian Tax Office will be working with the Swiss Government to catch Australians who failed to declare assets hidden offshore during a recent amnesty period.
12/21/2014
HDFC Bank had applied for FIPB approval for expanding its equity base by up to Rs 10,000 crore and Ratnakar Bank for capital raising
12/21/2014
Thomas Kwok, the billionaire co-chairman of Sun Hung Kai Properties Ltd. (16), was convicted of conspiring with Hong Kong’s former No. 2 official to commit misconduct in public office. His younger brother, Raymond Kwok, was cleared of all charges.
12/20/2014
Kuwait News Agency Japan's central bank decided on Friday to maintain its current monetary easing measures and left unchanged its assessment of the country's economy.
12/19/2014
Anti-graft officials in Hong Kong raided a residential property belonging to a senior executive at financial services firm Guotai Junan International Holdings.