Markets

Asian banks stuck in an unprofitable bind

Market profitability and credit demand are likely to be affected.

Asian banks stuck in an unprofitable bind

Market profitability and credit demand are likely to be affected.

Volatile market tests Hong Kong banks' buffers

Local lenders face losses as stock markets globally fall to bear market.

Bank Indonesia eases rate by 25bps

Two more rate cuts may be on the horizon.

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.