China

Puzzling ICBC breakdown as interest rate surges

One hour outage fuels fears of financial crisis in China.

Chinese banks feel the pain as PBOC chokes shadow banking

Hikes interest rates to extraordinary levels.

Cinda to IPO in Hong Kong

Bad debt bank has yet to decide on timing or venue of listing.

Societe Generale opens seventh China branch

Says this proves SG’s commitment to the Chinese market.

Higher borrowing costs batter China’s banks

Financial risks rising to critical levels.

Top Indian banks selling bonds to offshore Chinese investors

ICICI Bank and IDBI Bank raising funds via this route.

China’s cash squeeze worsening

Liquidity shortage the worst in seven years.

Investors see China’s “hard landing” as largest financial risk

See failure of Japan’s ambitious stimulus plan as second-largest.

China’s banks ready to support huge M&As

Use of standby letter of credit shows government support for private sector borrowers.