BEIJING (Reuters) -Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of defaults on personal loans and have a hard time finding households in good financial shape that want to borrow. Since March, financial regulators have issued multiple directives urging banks to offer more, and cheaper, loans to spur...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

TOKYO (Reuters) -Mitsubishi UFJ Financial Group plans to expand its securitisation business globally, with a focus on North America, and will increase headcount in this area by around 25%, a senior executive at Japan's largest banking group said in an interview. MUFG already has a presence in securitised products backed by assets such as credit card receivables and auto loans....

July 11 (Reuters) - Budget airline Norwegian Air reported second-quarter earnings above market expectations on Friday and said it would pay out a dividend for the first time. Norwegian posted an operating profit (EBIT) of 1.25 billion Norwegian crowns ($123.84 million) for the quarter, beating a company-compiled consensus of 1.04 billion crowns. The airline also said it would pay out...