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PEER-TO-PEER LENDING
China To Push Most Peer-to-Peer Lenders Out of the Industry
Regulators target platforms whose borrowers have defaulted on loans or those with high default risks
FINANCE
Citic Securities Defends $1.98 Billion Guangzhou Brokerage Purchase
State-owned firm’s acquisition is questioned by regulators and the market as a shakeout looms in the struggling securities industry
ECONOMY
Malaysia Scraps Rail Deal With China Firm, Seeks Replacement
Government plans to go ahead with East Coast Rail Link, but aims to halve estimated project cost of $19.5 billion
ECONOMY
Davos Panel Upbeat On Belt And Road Benefits
Azerbaijan president, Singapore finance minister say that geopolitics will play a part in the initiative, but it still offers valuable opportunities for cooperation
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