Markets
Chinese central bank's RRR cut raises banks' asset yields: analysts
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.
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.
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.
COVID-19 spells slow loan growth, higher NPLs for Philippine banks
Credit growth will likely be down to 8-10% in 2020.
Asian Development Bank unveils new Singapore office
It comprises 12 specialists from ADB’s PSOD and Office of Public-Private Partnership.
Singapore banks' NIMs to degrade after US Fed surprise rate cut
DBS and UOB guided declines of 5-7bps.
Malaysia's latest OPR cut needed to cushion COVID blow
The central bank slashed OPR to 2.5% amidst the virus’ global and domestic impacts.
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