CHINESE banks are packaging more of their non-performing loans (NPLs) as asset-backed securities (ABS), the latest wrinkle in the nation’s property debt crisis at the heart of its economic downturn.
- Advertisement -
Most Popular
India’s stock market enters volatile second half, but with hopes of new highs
This comes after a turbulent first half marked by a bull run, a sharp sell-off and a subsequent recovery.
UBS kicks off share buyback programme of up to US$2 billion
The buyback is expected to kick off on July 1
