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No rate cut for Japan's embattled banking industry
No rate cut for Japan's embattled banking industry
The central bank is already constrained by its negative interest rate policy.
Weekly Global News Wrap: Major US banks suspend stock buybacks; European banks close branches amidst pandemic
And a Mexico central bank staffer tests positive for COVID-19.
Chart of the Week: India's retail loans will reach $566.7b in 2023
It reached a 17% CAGR to $319.1b in 2018.
OCBC's growth dampened as US Fed cuts rate
NIM forecast has been slashed to 1.68% as NPL ratio could rise to 1.9%.
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.
Singapore banks on downward spiral after US Fed cuts rate to nil
Loan yields are sighted to decline due to the lower benchmark rate.
Bank of Japan to buy $112.55b ETFs for COVID-hit firms
It will also create a loan programme to spur lending to COVID-hit firms.
Thai central bank to monitor US Fed rate cut
It is expected to further slash its benchmark interest rate of 1%.
HKMA cuts base rate to 0.86%
It had already slashed the rate to 1.5% earlier this month.
Singapore's central bank assures that local financial market is functioning normally
The regulator has left a higher level of liquidity in the banking system.
Australian central bank pumps $3.64b into the banking system
The amount was larger than the intended $1.5b (A$2.5b).
ADB temporarily closes headquarters due to COVID-19
A visitor reportedly tested positive for the coronavirus.
Chart of the Week: Half of Korean banks' loan quality imperiled by prolonged COVID-19 outbreak
This could impact the broad service and manufacturing sectors that make up about 58% of loans.
Weekly Global News Wrap: Financial firms beef up COVID measures; Europe mulls relief for banks
And Goldman Sachs is ‘very open’ to acquisitions.
ASEAN lenders on the defense amidst oil volatility, COVID-19
Falling visibility is evident despite lower prices and stimulus measures.
Vietnam's e-commerce market to reach $17.3b in 2023
Total online spending doubled to $9.4b in 2019 from $3.9b in 2015.
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