Tag Archives: Insurance (TRBC)

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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Who pays for oil spill from Mauritius and how much?

TOKYO (Reuters) – A Japanese bulk carrier cut off a coral reef off the Indian Ocean nation of Mauritius on July 25, spilled some 1,000 tons of steel oil and declared a state of “environmental distress”. A general view shows the bulk carrier MV Wakashio, which ran on a reef, …

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