Markets

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%.

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.