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Financial Sector

IMF to add Islamic finance to market surveillance in 2019

4 months, 25 days ago
The International Monetary Fund (IMF)  will incorporate Islamic finance into its financial sector assessments of select countries starting next year, aiming to improve regulation in the growing sector. The IMF has traditionally focused…

China to widen foreign access to financial sector

11 months, 9 days ago
SHANGHAI: China on Friday said it will further open the country's financial markets to foreign firms, a key demand from the United States and Europe which have long complained about the strict limits on access to the giant economy. The…

Former China brokerage chief kills himself: Xinhua

2 years, 8 months ago
SHANGHAI: The former head of Chinese brokerage Changjiang Securities has committed suicide, the official Xinhua news agency reported Tuesday, just weeks after the company said he was under investigation by authorities.