Markets

Singapore monetary board names new assistant managing director

Celine Sia will hold the position for economics and knowledge management.

Singapore monetary board names new assistant managing director

Celine Sia will hold the position for economics and knowledge management.

Challenging times ahead for Singapore's banking industry

Delinquencies are sighted to rise from SMEs, large corporates, and retail customers.

Korean banks face irreversible headwinds as disruptions persist

Four regional banks are particularly at risk of asset-quality deterioration.

Government shift, surge in COVID cases drags on Malaysian banks

Credit growth is likely to flatline this year from the record low of 3.9% in 2019.

COVID-19 spells trouble for Indonesian non-bank finance firms

It will complicate domestic consumption and cash collections, analysts said.

China shadow banking credit down $42b amidst pandemic disruption

A 5% dip in core shadow credit triggered the fall.

Chart of the Week: Philippines may cut policy rate further by 50bps in Q2

A further 200bps cut may happen in 2020 if the pandemic extends beyond June.

Philippine banks' asset quality face decay amidst region-wide lockdown

The monetary board’s 50bp policy cut will put additional pressure on NIMs.

Asian banks stuck in an unprofitable bind

Market profitability and credit demand are likely to be affected.

Volatile market tests Hong Kong banks' buffers

Local lenders face losses as stock markets globally fall to bear market.

Bank Indonesia eases rate by 25bps

Two more rate cuts may be on the horizon.

Chinese central bank's RRR cut raises banks' asset yields: analysts

Higher asset yields will relieve pressure on profitability.

No rate cut for Japan's embattled banking industry

The central bank is already constrained by its negative interest rate policy.

Australian banks could withstand losses but longer disruption a risk

Credit losses will nearly double this year, with business loans leading the surge.

Philippines suspends financial market amidst country-wide lockdown

The Philippine Stock Exchange has been closed indefinitely.

DBS extends enrollment deadline for COVID-19 relief insurance

The policy recorded more than 52,000 sign-ups in a day during its peak.