Markets

Singapore's central bank implements Payment Services Act

Acts on money changing and payment systems have been repealed.

Singapore's central bank implements Payment Services Act

Acts on money changing and payment systems have been repealed.

Singapore and Brunei central banks expand areas of cooperation

New areas for collaboration include currency interchangeability and financial sector development.

Malaysian banks' net profit to grow 4.8% in 2020: report

But NIMs are expected to taper off a further 3bps over the period.

China's shadow banking assets shrinks to $8.42t in Q3

These assets now only account for 62% of the nominal GDP from 68% in 2018.

India may slash benchmark rates by 25bps in February

High unemployment and a subued manufacturing sector will drive rate cuts.

Malaysia's loan growth slows to 3.2% in October

Loan applications slimmed by 1.1% in the same month.

Deteriorating credit conditions to drag on Bangladeshi banks

Systemwide non-performing loan ratio surged 10 11.7% last 30 June.

Bank Indonesia maintains benchmark rate at 5%

The central bank kept its benchmark rate at 5% on the back of lower inflation.

Chart of the Week: APAC non-performing assets to decline further in 2020

This will provide a buffer to declining asset quality of banks in the region.

Weekly Global News Wrap: African central banks may cull interest rates; Zimbabwe to halve main lending rate

And another ex-JP Morgan executive was charged over alleged market manipulation.

India's central bank chief calls for tighter scrutiny of state-run banks

RBI has limited sway over state-owned lenders, who control 60% of the banking sector.

Sri Lankan banks' bearish outlook to extend until end-2019

The country is still reeling from the aftermath of the Easter Sunday attack last April.

How did Japan's banks survive without passing on negative rates?

Despite tight margins, Japanese banks have higher survival chances than European banks.

Central Bank of France to open first Asian office in Singapore

It aims to forge closer relations with APAC central banks and financial authorities.

Rocky road ahead for profits of China's smaller banks

Their reliance on government bonds and lack of structural change are worrisome in the long-term, according to Natixis.