Indian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...

Bangladesh's new government is seeking Chinese involvement in the Teesta River restoration project. This move follows discussions between B...

Tightened US naval restrictions in the Strait of Hormuz have sharply reduced Iran’s oil exports, forcing the country to cut production as s...

European Trade Commissioner Maros Sefcovic discussed U.S. sanctions relief on Russian oil with U.S. Treasury Secretary Scott Bessent. Sefco...

Global finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are do...

Police in Beijing said in a statement on WeChat that they took "criminal mandatory measures" against multiple suspects, identifying one by ...

China's banking regulator has established a task force to examine risks at wealth management group Zhongzhi Enterprise, after several of it...

The shadow lenders are the reason why the Indian economy isn’t withering for lack of finance.

Shanghai Composite Index closed 0.3% higher, after falling as much as 1.4% to a 2 month-low.

For the first time since 2012, China's gross domestic product grew faster than shadow banking assets in the six-month period.

GDP growth has slowed down to 6.9 per cent, according to official numbers.

The analysts note they're struggling to break down and make sense of the country's credit market.

In simple terms, shadow financing refers to activities outside the formal banking system that perform similar functions.

In a country with no credit reporting bureau and many doubts about the enforceability of contracts, wealth-management products aren't for t...

The shadow banking industry grew by $5 trillion to about $75 trillion worldwide last year, driven by lenders seeking to skirt regulations.

Shadow banking in China encompasses a huge network of lending outside formal channels and beyond the reach of regulators.

China Banking Regulatory Commission in Sept issued a warning about web-based brokers, cautioning that their bad-loan ratio is higher than t...