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02 Oct 2014 00:07

IMF warns about growth of shadow banking

More than US$70 trillion in assets are handled by shadow banks around the world, Gaston Gelos, chief of the Global Financial Analysis Division at the IMF, said.

  • 01 Oct 2014 20:32

    Germany to ban steep rent hikes in booming cities

    Landlords in Germany will be barred from raising rents in high-demand urban neighbourhoods by more than 10 per cent above the local average for new tenants, in a law set to come into force early next year.

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