[SHANGHAI] China's cleanup of its shadow-banking system is fuelling a record number of liquidations in its US$1.9 trillion mutual fund market...

KARAN Dua, an electronics shop owner in south-central Mumbai, placed his hope of crackling sales on Diwali - the Hindu festival of lights when Indians splurge on everything from clothes to cars and...

[LONDON] Hedge funds and other alternative investments will no longer be dubbed "shadow banks" by global regulators, lifting a pejorative label which has stuck to the US$45 trillion sector...

THE Indian authorities have vowed to support financial markets rocked by growing concerns of defaults by shadow banks.

INFRASTRUCTURE Leasing & Financial Services Ltd (IL&FS), an Indian shadow banker that defaulted on more than five of its obligations since August, is trying to sell assets as payments on more...

[BEIJING] Chinese banks extended 1.45 trillion yuan (S$289.7 billion) in new yuan loans in July, China's banking and insurance regulator said, higher than analysts' expectations, as...

AS China's crackdown on shadow banking shrinks smaller banks' valuations relative to larger peers, the outlook is dimming for the country's regional lenders queuing up to list their...

[SHANGHAI] Regional offices of China's banking regulator have begun inspections of banks' loans to large clients, two sources with knowledge of the development told Reuters on Tuesday...

[MOSCOW] Russia's shadow economy, which employs almost every other worker in the country, is finding a refuge in the most surprising of places...

[ZURICH] The global non-bank or "shadow" financial sector was estimated to be worth some US$45.2 trillion at the end of 2016, marking a clear hike from a year earlier, financial regulators...