Markets
Japan creates team to look into central bank digital currencies: report
Japan creates team to look into central bank digital currencies: report
It will follow-up on the BOJ’s efforts in this field.
China seizes financial firms linked to probed conglomerates
This is a part of a crackdown on conglomerate-posed systemic risks.
South Korea's money supply grew 1.2% in May
This was due to an increase in household and corporate loans.
Indian banks raise capital against trying times
Top private banks should be able to boost capital effortlessly.
APAC banks to account for 60% of global credit losses over 2020-2021
Credit losses are likely to peak by end-2021 and recover by 2023.
Banks push remote work for Hong Kong staff as COVID cases rise anew
City officials have detected 40 local cases on 14 July.
Taxing environment weighing down on ASEAN, Indian banks
Government support will offset but not fully eliminate the pressure.
India's Yes Bank slashes public offering share price by 55%
It is the latest Indian lender to raise capital to boost buffers against bad loans.
Indonesia widens deposit insurer's role in banking system
It will assist in supervising banks under 'intensive supervision' status.
Taiwanese banks' impaired loans may rise 2.5%
Weaker profitability will inhibit capital momentum.
Liquidity to buoy rising momentum of Chinese banks: analysts
The economy has rebounded but demand roadblocks are still present.
Thai central bank not dismissing further monetary easing
It has already cut the interest rate thrice to 0.5%.
Weekly Global News Wrap: Britain, EU must settle financial market access; HSBC to slash 255 jobs in France
And embattled payments firm Wirecard attracts potential buyers.
COVID-19 exposes pitfalls in Indonesia's finance sector
NBFIs have been the main source of problematic defaults.
Strong industrial sector brings robust capital to Taiwanese banks
Current lower-for-longer interest rates will support fragile profits.
China exposes 38 errant shareholders of financial institutions
Such disclosures would be a regular fixture, the regulator said.
Number of fake South Korean banknotes down 19.4% in H1
The number of fake 50,000 won bills only came at 11, from 35 last year.
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The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’