Chinese Banks Keep Lending Rates After PBOC Policy Rate Hold
China’s commercial lenders held their benchmark lending rates steady on Monday, in line with the central bank’s decision
2023-11-20 10:17
China Slips Back Into Deflation as Recovery Remains Fragile
China slid back into deflation in October, highlighting the country’s struggle with shoring up growth through domestic demand.
2023-11-09 10:28
Bonds Decline in Asia After Slide in Treasuries: Markets Wrap
Sovereign bonds and shares declined in Asia after hawkish signaling from the Federal Reserve intensified a selloff in
2023-10-03 10:55
Singapore Asks Banks to Probe Ties With Laundering Suspects
Singapore’s central bank has directed financial institutions to review any relationships with individuals tied to a money laundering
2023-09-08 14:23
Singapore Laundering Case Exposes Gaps in Illicit Money Defenses
A Singapore money laundering probe involving more than S$1 billion ($740 million) is shining a light on fund
2023-09-05 08:55
Asian Bonds Beat Emerging Peers Who Have Rate Cut Advantage
Emerging Asia ex-China bonds have beaten their developing-nation peers this quarter, and this outperformance looks set to continue
2023-08-24 14:21
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:17
China Stops Short of Direct Consumer Support to Spur Economy
China is seeking to boost consumption to spur the economy’s recovery, although the government has stopped short of
2023-07-31 12:26
BOJ Stance to Put Japan Earnings Outlook Under Scrutiny Next Week
Japanese firms will be in the spotlight this week after the Bank of Japan loosened its grip on
2023-07-31 10:45
UOB Lowers Fee Growth Forecast as Profit Beats Estimates
United Overseas Bank Ltd. lowered its fee income growth forecast for 2023, signaling a more challenging outlook, even
2023-07-27 08:47
Top Taiwan Bank Looks to Southeast Asia in Shift From China
One of Taiwan’s largest lenders is shifting its business and hiring focus to Southeast Asia as its corporate
2023-07-24 07:21
Millions of Chinese Staying Home Curb Southeast Asian Growth
Southeast Asian nations that were counting on Chinese travelers to drive tourism revenues and their economies post-Covid are
2023-07-10 11:24