Tag: Emerging Market
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India?s new business is gold in return for money
India's central bank has increased the amount that finance companies can lend in return for gold deposits.
Under the new rules, non-banking finance companies (NBFCs)...
There have been concerns over the rising levels of bad debt at Chinese banks
China's major banks have been asked to publish data on 12 key indicators, including off balance sheet assets, to enhance their transparency.
Banks with total...
China to seeks to give full access to foreign investors
China will open up some telecom and internet services to foreign ownership.
Five areas, including call centres and home internet access, will be open to...
HTC Slumps Further Down In Profits
Taiwanese mobile phone maker HTC has reported worse-than-expected profits, as it continues to lose ground to its main rivals.
HTC said that its net profit...
China looks to loosen its grip on the financial sector
Up to five private banks will be created in China this year as it looks to open up the financial sector and raise competition...
