In Focus

Renminbi-denominated deposits in Taiwan fall in June

First monthly drop since OBU scheme began July 2011.

Renminbi-denominated deposits in Taiwan fall in June

First monthly drop since OBU scheme began July 2011.

China is revamping troubled financial sector

Ten guidelines support transition to consumer-driven economy.

China to tame shadow banking using more policy tools

A liquidity squeeze is only one of these tools.

Mizuho will boost overseas lending by 50%

Aims at Latin America and emerging Asia.

Japanese bank lending jumps to highest level in four years

Outstanding loans rise 1.9% in June year-on-year.

HSBC exiting retail banking in South Korea

The planned shutdown will eliminate 230 jobs.

The US$1.6t global Islamic finance industry growing at a third of its potential

Absence of sukuk tax legislation in non-Muslim nations to blame.

China clamps down harder on WMPs

Intends to increase transparency and reduce risk.

Some ICBC and BOC branches refuse to lend

Unable to meet loan-to-deposit requirements.