Tag Archives: Central Banks / Central Bank Events

China must protect against handball in shadow: regulator

BEIJING (Reuters) – China must protect against all handball in off-balance sheet loans in the so-called shadow banking sector, and must have non-executive assets available as soon as possible, the head of the country’s banking and insurance regulator said on Sunday. In recent years, China has struggled on the shadow …

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Japanese economy shrinks at record pace as pandemic hits spending

TOKYO (Reuters) – Japan was hit by its biggest economic contraction on record in the second quarter when the coronavirus pandemic burned businesses and consumer spending, keeping policymakers under pressure for bold action to prevent the recession from escalating. FILE PHOTO: People cross a street in a business district in …

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