News

China orders banks to register WMPs

Tightens oversight of controversial financial product.

Malaysia to get tougher on erring banks

Warns of law suits and hefty fines.

Small Chinese banks dumping NPLs

Liquidating NPL assets to control related risks.

Malaysia overhauls Islamic financing laws

New law will boost protection for depositors.

PBOC releases first-half results

To maintain a prodent monetary policy in H2.

Uninformed Chinese seeking WMPs besiege PBOC branch

Central bank shocked by mob at Beihai branch.

PBOC expands use of RMB in cross-border loans

Allows non-financial companies to loan overseas affiliates.