Welcome to “The Scoop” — the ultimate back-to-the-office water cooler cheat sheet, your go-to source for all things everyone ...

Off-balance-sheet activities account for activities that do not entail disbursement or collection of funds by a company or bank, but which expose it to a certain number of risks. These are most often ...

China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in ...

BEIJING - China kicked off a fresh round of fiscal support on Friday for its sputtering economy with a package that eases ...

The country’s top legislative body gave its green light for local governments to swap some of their mounting ...

Charles Schwab intends to shrink by relying on off-balance sheet deals with partners, CEO Walt Bettinger said in the ...

BEIJING (Reuters) -China will let local governments issue an additional 6 trillion yuan ($837.7 billion) in bonds to swap for off-balance sheet or “hidden” debt over three years, an official said on ...

China plans to raise 6 trillion yuan through ultra-long special government bonds to stimulate its economy, with funds aimed at alleviating local governments.