Firms from the 10 nations in Southeast Asia are keen to test strong investor appetite for emerging market growth given the slump in Chinese stock offerings in the US

Shares of Sunac rose on news of debt deal approval, then sank after its move to seek bankruptcy protection in the US. Country Garden also won backing for an extension of repayments for an 8th onshore bond

Myanmar's regime has told migrant workers they must remit 25% of their salaries via official channels every quarter at a bad exchange rate, or lose their ability to go abroad for three years

Chinese creditors voted on Monday for proposals to extend repayments on eight onshore bonds worth $1.48 billion by three years. Six were approved, while two were delayed, sources said

State lenders have moved to ease pressure on their margins as part of a move to bolster the ailing property sector; home buyers will able to apply for lower interest rates from September 25

Decision comes as state banks are tipped to cut interest rates on existing mortgages, while other cities could follow Guangzhou's move

A Bangladeshi bank that handles most bilateral trade with Myanmar has frozen the accounts of two key Myanmar banks as US sanctions tighten the taps on the junta's financial resources

The biggest foreign bank in Myanmar warned local banks last week it will restrict all payments to and from Myanmar accounts, a move could help bring a quicker end to the country's bitter civil strife

Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving of its planned mega listing in 2020

Total e-CNY transactions hit 950 million but the digital currency only accounted for 0.16% of China's cash in circulation at the end of last month

India, the world's third biggest oil importer and consumer, currently pays for UAE oil in dollars but is looking to cut transaction costs by eliminating conversions

CITIC's Hong Kong platform is expected to demand its investment bankers move to the mainland with their pay lowered to local levels or face the prospect of losing their jobs, sources say