The 1MDB funds recovered so far are only enough to pay off the principal owed for 2022. The remaining debt will continue to be bourne by the government.
January 21, 2022The RBI proposes to divide banks' investment portfolios into three categories - held-to-maturity, available for sale, and fair value through profit and loss account.
January 19, 2022Weaker firms respond to lower long-term yields by refinancing debt. Healthier firms tend to increase cash holdings and share buybacks.
January 19, 2022The law strengthens the responsibilities, loyalty and diligence obligations of controlling shareholders and management personnel to protect investors.
January 17, 2022The CCRS and 5 state-backed guarantee institutions have agreed to adjust credit recovery standards to help borrowers of guaranteed loans return to normal more quickly.
January 5, 2022Project mergers and acquisitions between real estate companies are the most effective market-oriented means for the industry to resolve risks, said the PBOC's Zou Lan.
January 5, 2022A newly-formed committee will identify the CCP's operating model and propose the necessary procedures for its establishment, including procurement.
January 3, 2022The debt surge has amplified vulnerabilities and constrained the ability of governments and the private sector to support the recovery.
December 21, 2021The new law requires lenders to act responsibly at all times. They can be forced to refund interest, fees and damages for failing to do so.
December 1, 2021The FSS is reviewing a decision to penalise nine market-makers, taking into account "self-correcting measures" by individual firms.
November 26, 2021