Markets

Thai banking system still strong despite lower profits: central bank

Capital funds and provisions were raised to guard against the slump.

Thai banking system still strong despite lower profits: central bank

Capital funds and provisions were raised to guard against the slump.

Jefferies, Regis Partners team up for Philippine cash equities business

Jefferies will distribute equity research on local-based companies to its client base globally.

Indian prime minister keen to ramp up stake sale of four banks: report

The government is pushing for privatization to help raise funds for its budget.

Return of private placements boost Chinese regional banks' capital

They allow for tailored government participation in bank recapitalisation.

Gloom on the horizon for APAC banks' profits in the next few years

Diversification of income streams has yet to yield substantial results.

Recession hounds APAC financial firms as pandemic batters credits

The outbreak will permanently reduce the economy by 2-3%.

Tokyo, Sydney, aim to lure financial firms from Hong Kong

But Singapore remains the top draw due to its favorable environment and standing.

Chinese banks' capital gap to foil economy boost

Inefficient credit could potentially lead to high systemwide divide.

UOB Asset Management unveils robo-advisory app for retail clients

This makes them the first regional asset management firm to offer robo-advisory.

HSBC denies Chinese media report it ‘framed' Huawei: report

People’s Daily accused the lender of lying about the tech giant.

Indian banks face further credit slump in Q2

Scheduled commercial banks saw weaker credit growth at 5.9%.

South Korea posts record high FX deposits in June

The ongoing pandemic pushed businesses and individuals to boost holdings.

Bank of Japan may have a new pattern when buying stocks

The regulator has said it may buy up to $112b (JPY12t) in ETFs a year.