News

ECB and China in US$57 billion swap agreement

Deal will initially cover three years.

Number of village banks in China hits 1,000

Vital conduit for loans to small and medium enterprises.

Malaysia’s RHB scouting for JV partner in the Philippines

Part of plan to expand overseas presence and profits.

India speeds-up internationalization of the rupee

Will launch first offshore rupee bond program.

Why BEA's direct exposure to China is a 'double-edged sword'

It's struggling to generate good returns on its China business.

China allows foreign investors to use RMB in financial sectors

Part of effort to broaden RMB use in cross-border investments.

HSBC/Hang Seng lose to BOCHK

BOCHK now has better profitability.