Markets
Bank of Japan may have a new pattern when buying stocks
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.
                    
                                        
                    
                Australian banking watchdog seeks to update dividend hold policy
                                                                                                 
                        
                          It said that the local economy is now less uncertain than in April.
                    
                                        
                    
                South Korean regulator to end repo agreements
                                                                                                 
                        
                          This is due to improved market liquidity and reduced demands.
                    
                                        
                    
                Citi Hong Kong deploys bots to enhance securities services
                                                                                                 
                        
                          It will help reduce potential fail trades and buy-in costs early.
                    
                                        
                    
                Singapore central bank fines trust firm for money laundering holes
                                                                                                 
                        
                          Asiaciti Trust committed money laundering breaches between 2007 and 2018.
                    
                                        
                    
                APAC banks face $1.27t in credit losses over the next two years
                                                                                                 
                        
                          Chinese banks will account for $398b losses in 2020.
                    
                                        
                    
                China to look into banks' quarterly green finance practices
                                                                                                 
                        
                          Metrics include green finance share of total business mix.
                    
                                        
                    
                Global banks interested in Taiwan after passage of Hong Kong security law
                                                                                                 
                        
                          The government sees the shift as a way to reinvigorate economy.
                    
                                        
                    
                India mulls reducing number of state-owned banks to five
                                                                                                 
                        
                          The first part would entail the sell-off of majority stakes in six lenders.
                    
                                        
                    
                Japan creates team to look into central bank digital currencies: report
                                                                                                 
                        
                          It will follow-up on the BOJ’s efforts in this field.
                    
                                        
                    
                China seizes financial firms linked to probed conglomerates
                                                                                                 
                        
                          This is a part of a crackdown on conglomerate-posed systemic risks.
                    
                                        
                    
                South Korea's money supply grew 1.2% in May
                                                                                                 
                        
                          This was due to an increase in household and corporate loans.
                    
                                        
                    
                Indian banks raise capital against trying times
                                                                                                 
                        
                          Top private banks should be able to boost capital effortlessly.
                    
                                        
                    
                APAC banks to account for 60% of global credit losses over 2020-2021
                                                                                                 
                        
                          Credit losses are likely to peak by end-2021 and recover by 2023.
                    
                                        
                    
                Banks push remote work for Hong Kong staff as COVID cases rise anew
                                                                                                 
                        
                          City officials have detected 40 local cases on 14 July.
                    
                                        
                    
                Taxing environment weighing down on ASEAN, Indian banks
                                                                                                 
                        
                          Government support will offset but not fully eliminate the pressure.
                    
                                        
                    
                India's Yes Bank slashes public offering share price by 55%
                                                                                                 
                        
                          It is the latest Indian lender to raise capital to boost buffers against bad loans.
                    
                                        
                    
                 
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
								 
						 
								 
						 
								 
								 
						 
						 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                