Business

China to rein in bank risk, eyes private lenders

China banking regulator vowed today to take steps to rein in banking risks in 2014 while outlining plans to set up private banks to boost competition in the industry. Three to five private banks will be set up under a pilot scheme, the China Banking Regulatory Commission (CBRC) said in a statement following a meeting on banking... Read More

Activists blocking an entrance during the squatting of an empty building in Madrid. The building belongs to Spain

Activists blocking an entrance during the squatting of an empty building in Madrid. The building belongs to Spain's Caixabank and will be used to house families who have been evicted or are in a precarious situation. - Reuters pic, January 6, 2014.

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Indonesia’s economy cools, more room for looser policy seen

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China issues fresh curbs on shadow banking

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Indonesia scales back sharp gas price rise as elections loom

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Palm slips to 2-week low on oversupply fears, investors gear up for 2014 trade

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Thai state bank again seeks funds for troubled rice scheme

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Thai shares at 16-month lows, Indonesia falls on selling in large caps

Thai stocks hit 16-month lows today as concerns over the impact of political turmoil on the economy spurred... Read More

Asian shares slip, Tokyo hit by strong yen

Asia's markets fell today in the first full day of trade in the new year, with Tokyo tumbling as the dollar and... Read More

Philippines says unlikely to borrow offshore for now

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Singapore shares flat after weak China services growth

Singapore shares opened flat today after slowing services sector growth in China raised concerns over the pace... Read More

Shares mixed at midday on selling pressure, weak lead from Wall Street

Shares on Bursa Malaysia were traded mixed at the end of the morning session on further selling pressure and a... Read More

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