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PETALING JAYA: Despite potential stress ahead, the banking industry remains resilient but risks are still present, said analysts.
KUALA LUMPUR: As the Covid-19 pandemic ravages the global economy and puts millions of people under a lockdown, S&P Global Ratings estimates the economic storm will test the rating resilience of the Asia-Pacific region’s 20 banking sectors.
Group says MCO impact expected to last more than 6 months
HONG KONG/SINGAPORE: Asian markets rose on Monday (April 6) as some of the world's worst-hit countries reported falling death rates, providing some much-needed hope in the battle against the coronavirus, though oil prices dipped after a meeting of top producers was delayed.
OIL pared earlier losses amid signs Saudi Arabia and Russia are making progress on an agreement to curb crude output as the coronavirus wreaks havoc on the global economy.
Areas that don't record a single Covid-19 case should be removed from any further extension of the MCO
JAKARTA, April 6 (Jakarta Post/ANN) - Indonesia’s loan growth fell to a more than 10-year low in February as the Covid-19 pandemic hit credit demand across business sectors.
KUALA LUMPUR: As the Covid-19 coronavirus ravages the global economy and puts millions of people under a lockdown, S&P Global Ratings estimates the economic storm will test the ratings resilience of the Asia-Pacific region's 20 banking sectors.
KUALA LUMPUR: Foreign outflows from ringgit bonds might have totaled RM12.4bil in March, based on Bank Negara Malaysia’s annual report data, Maybank Investment Bank Research said.
DUBAI (Reuters) - The United Arab Emirates will reinforce its stockpile of strategic goods and waive residency visa fines for the rest of the year in response to the coronavirus outbreak, its vice president said on Sunday.