State Council-approved measures call on state-owned banks to increase lending and repayment flexibilities for MSMEs.
May 16, 2022The PBOC's Yu Wenjian said increasing lending is a key area where FIs can help Covid-hit firms to restart work and production.
May 13, 2022The Shanghai, Shenzhen and Beijing stock exchanges as well as the CSDC are waiving fees for listed companies based in cities affected by the pandemic.
March 23, 2022The FSB warns that bigtechs could become so large or dominant that their failure could have a severe impact on economic activity and financial stability.
March 22, 2022Bursa Malaysia was recognised for its robust pandemic response, sustainability and ESG work, climate action leadership, and market access initiatives.
December 10, 2021Suncity Group's Alvin Chau allegedly operated a gambling syndicate that used Macau as a base for an illegal "live web betting platform" in the Philippines, targetting customers in mainland China.
December 5, 2021The Office of Inspector General will conduct an independent review to determine whether Fed officials violated ethics rules and the law.
October 6, 2021The self-assessments must be submitted to APRA by 30 November. Feedback will be provided early next year.
July 23, 2021Investment scams accounted more than a third of total losses, followed by romance scams and payment redirection scams as the next biggest categories.
June 9, 2021Even after the pandemic subsides, low interest rates will continue to exert downward pressure on FIs' profits, the BOJ says.
April 22, 2021