Bloomberg Chinese banks are touting a wide variety of retail lending products as authorities need a pickup in consumer spending to create a more solid foundation for the world’s second largest economy. Lenders including Bank of China Ltd. and China Construction Bank Corp. are offering preferential interest rates and incentives such as gift cards on e-commerce platforms to lure ...

  Bloomberg Nomura Holdings will give its employees in Japan bigger pay raises starting in April, citing intensifying competition for talent and faster inflation. Employees excluding executives will get a slightly larger raise than the roughly 3% average of the past few years, Japan’s largest brokerage said in a statement on Tuesday. A growing number of Japanese firms have signalled ...

  Bloomberg Japan stepped into the foreign exchange market three times in total last year, according to a fuller picture of the government’s latest intervention strategy to counter the yen’s historic fall. The Ministry of Finance conducted currency interventions on October 21 and 24, according to the daily operational report for the quarter ended December released by the ministry on ...