Rich Chinese families and private companies have taken or sent an estimated $50 billion a month out of China this year, a recent report says

The country’s big banks, suspected of often doing Beijing’s bidding, have continued buying yuan despite the currency rising

The People's Bank of China said the deal "will help strengthen financial cooperation" and "expand the use of local currencies"

Lawmakers in Japan area debating a move to allow listed businesses to report twice a year instead of having to file quarterly financial reports, Nikkei Asia says

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