Analysts say the days of pretending local governments will resolve their debt crises appear over, with Politburo leaders expected to provide rare central budget funds to slash debts totalling at least $12.8 trillion
The bank’s deputy governor Shinichi Uchida said recent moves were focused on bond market stability and not a sign of a major policy shift
Real estate giants like Country Garden and Sunac China saw their shares rise 18% and 17% while investors also piled into property firms’ bonds
Move by one of China's biggest developers to refinance part of a 2019 loan sent its shares down over 5% and left its bonds near record lows, as it faces more repayments this year
Wanda Group must pay a $400m bond on Monday, then a further $488m on the 29th, and a $600m bond in January. It's debt crisis has sparked fears more real estate giants could tumble
The BOJ will examine how its unconventional monetary policy affected economic developments, as well as its impact on financial markets and the banking system, it said
MSCI's broadest index of Asia-Pacific shares outside Japan rallied 0.86% on Friday for its biggest weekly gain in eight months
The city has set up a company to bail out its cash-strapped local government funding vehicles, sources say, after Xi ordered local officials to curb hidden debt
Cancelled Prigozhin weekend mutiny set to have an impact on US dollar, yen, commodities and bonds when markets reopen
The speed of the yuan's slide has caught many off-guard. JP Morgan recently downgraded its year-end yuan forecast, from 6.85 per dollar to 7.25 per dollar.
Study of municipal finances shows 102 cities made payments accounting for 10% or more of their resources in 2022; debt obligations are so high it is limiting state capacity to boost the economy
Dozens of Singaporeans have joined a lawsuit that claims the Swiss government acted improperly when it compelled UBS to take over Credit Suisse and deny compensation to AT1 bondholders