China will likely free up deposit rates within two years, hopefully helping end the need for corporates to park cash with dodgy wealth management products, economists believe.
Zhou Xiaochuan, governor of the People’s Bank of China, outlined plans to liberalise China's deposit rates; Hong Kong Exchanges and Clearing Limited (HKEx) will provide for after-hours trading of renminbi futures ...
The Organisation for Economic Co-operation and Development (OECD) has issued the Common Reporting Standard to streamline global processes; China eases M&A rules; and the myriad effects of Hong Kong's new Company ...
India's interim budget cuts excise taxes to stimulate domestic economy; Bank Indonesia has overseen wide agreement on an MRA that paves the way for rupiah money markets; IMF working paper contrasts with China's view ...