Bloomberg Japan’s long-suffering savers have put up with virtually zero interest for years, but at least their bank accounts have remained free. That may change as speculation for further monetary stimulus mounts. Lenders could begin imposing maintenance fees for retail deposit account holders if the Bank of Japan deepens negative interest rates from minus 0.1 percent, according to JPMorgan Chase ...

Bloomberg Another shadow financier in India has defaulted on a debt repayment, signaling the nation’s yearlong credit crisis is far from abating. Altico Capital India Ltd, a non-banking finance company that focusses on lending to the real-estate sector, didn’t pay 199.7 million rupees ($2.8 million) of interest on borrowings from Dubai-based Mashreqbank PSC, Altico said in an exchange filing. The ...

Bloomberg The Indian government’s decision to launch a $1.4 billion fund to salvage stalled residential projects is unlikely to revive a sector that’s been the worst hit by the growth slowdown in Asia’s third-largest economy. As part of a broader plan to kick-start the economy, Finance Minister Nirmala Sitharaman announced the setting up of a 100 billion rupee fund to ...