Companies have been flocking to borrow from banks on the mainland because of their rock-bottom interest rates but most of the loans are for use on the mainland, in Hong Kong or bilateral dealings

Hong Kong’s Hang Seng Index saw its best day in four months, while the Nikkei rose 2.5% and most other Asian markets and currencies were also lifted

Analysts say the BOJ is looking for an appropriate time to raise interest rates. Many experts believe the policy change could occur in April.

Asian markets were mixed on Tuesday, with stocks in China flat, while shares in Japan, Korea, Malaysia and Australia rose

Chinese authorities are investigating the chaotic stampede for short-term funds in the country's money markets last week, which stems from the jumble of problems that Beijing is battling

Foreign firms are said to have pulled $160 billion out of the country over the past year and a half, with companies drawn to higher interest rates and more appealing investment destinations

Share average sees biggest rise in three weeks, while the currency – which dropped 1.7% on Tuesday – paused in forex trading after a warning of intervention from a senior official

The squeeze on business profits was underscored by factory gate prices contracting sharply this month, a sub-index in the PMI survey showed

Shares rose slightly on markets in mainland China but dropped in Hong Kong, while Japan, Seoul and Sydney rebounded after three days of falls; Asian currencies edged higher

PBOC governor Pan Gongsheng said he will focus on bolstering domestic demand and neutralizing financial risks

Sources say the Modi government has become uncomfortable with using yuan for settlement, while refining sources said settlement in yuan also increases Indian traders' costs

Foreign exchange reserves across the region have taken a hit as central banks grapple with strong greenback and China's defence of its yuan