Bloomberg With China’s economy slowing, banks under pressure to help invigorate growth are rushing to make room on their balance sheets for new lending. That’s unleashed a boom in a corner of the nation’s credit markets. Structured debt sales in China’s interbank bond market jumped in the last quarter to a record 300 billion yuan ($44 billion). Residential mortgage backed ...

Bloomberg A $4 billion border crossing between Hong Kong and Shenzhen will be delayed until the middle of next year as a key contractor, Leighton Contractors (Asia) Ltd., encounters problems, the South China Morning Post reported. The border control point in the northeastern New Territories was due to be finished this year, the SCMP reported on Sunday. Hong Kong’s government ...

Bloomberg A shadow bank’s defaults have pushed up borrowing costs in India and made it harder for smaller companies to get funding. Alternative lenders including a fund run by an ex-Goldman Sachs Group Inc. banker think they can help. Indian firms that are too small to borrow from banks have typically relied on loans from non-banking financial companies, which raise ...