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NEW YORK: Two key bank regulators are holding off on easing Wall Street debt limits in response to the coronavirus pandemic, leaving billions of dollars locked up at banking subsidiaries that could be used for lending amid the deepening economic crisis.
PETALING JAYA: Despite potential stress ahead, the banking industry remains resilient but risks are still present, said analysts.
NEW YORK: Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, although some spot glimmers of light at the end of the tunnel.
(Bloomberg) -- The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week
A PROLONGED and severe impact from the Covid-19 pandemic remains a key downside risk to the economy and financial stability, Bank Negara says.
ALTHOUGH much uncertainty prevails amid the current global Covid-19 virus outbreak, the Malaysian banking system remains resilient, thanks to strong capital buffers - a result of prudent measures - undertaken over the years.
While Malaysia will not be spared from the global growth contraction this year due to the Covid-19 pandemic, the central bank is confident that the Malaysian economy can weather the challenges.
KUALA LUMPUR: A downgrade on the country's banking sector is a global trend affecting many countries including in Asia Pacific and not only limited to Malaysia. KUALA LUMPUR: A downgrade on the country's banking sector is a global trend affecting many countries including in Asia Pacific and not only limited on Malaysia.
KUALA LUMPUR: The Malaysian banking system is expected to remain resilient and weather the Covid-19 pandemic despite its negative impact to the economy.
Main points of Bank Negara Malaysia's Financial Stability Review 2H 2019