Markets
Thai central bank not dismissing further monetary easing
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.
Indian banks seizing bonds in hopes of government support
A support for the bond market is vital for India's record borrowing plan.
Indonesia mulls returning banking regulation to central bank
The president is reportedly unhappy about the Financial Services Authority's performance.
Japan's regional banks gain lifeline with regulator's strategy switch
The Financial Services Agency has let go of its bank inspection manual.
Japan's second-biggest bank pushes through with overseas expansion
The move contrasts the downsizing planned by other global firms HSBC and Deutsche.
Singapore sets out expectations for FIs' environmental risk management
FIs are expected to include environmental considerations in their business plans.
Philippine central bank slashes policy rate again by 50bp
It has already reduced the rate by a total of 125bp.
China's shadow banking assets grew for the first time in 2.5 years
It makes up 60.3% of nominal GDP as of Q1.
High delinquencies on the horizon for South Korea's financial market: report
Although the market is now stable, more problems are expected, local regulator says.
South Korean financial institutions spent US$935m in social contributions in 2019
Microcredit lending comprised the lion’s share of US$461m.
J.P. Morgan to operate China's first fully foreign-owned futures business
This is part of China’s bid to open its financial market to foreign players.
Philippine banks have solid defences against COVID-led risks: analysis
The resilience of large corporates is key to quelling credit losses.
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