In an attempt to fix naked malfeasance, the latest ticket from China’s banking regulator will keep banks on the straight and narrow. That will help higher-rated borrowers.
Europe's new financial regulations might be taking the risks out of the market, but it is putting risk back into the boardroom and onto the desks of corporate treasurers
China's regulator will no longer prop up its currency using the so-called "counter-cyclical" factor after it hit 6.5 to the dollar. Treasurers may now have to change their assumptions.
Slow, complicated and expensive to transact, bitcoin is proving itself a poor medium of payment. China's hostility could also put the lid on the cryptocurrency's future.
Tourists are opting for cards over cash in hand as Safe clamps down on big-money withdrawals from ATMs. For casinos and for smaller businesses, the impact could be big.
Analysing 803 listed Chinese companies, ANZ concludes that despite a worrying increase in debt levels, China Inc.’s ability to pay off debt has actually improved.