Warns
Bank of Japan warns of potential hit to lenders from rising rates
Japanese financial institutions’ profitability has decreased significantly in the past 25 years, making them vulnerable to potential losses from any sharp rises in interest rates, the central bank said...
Thai central bank chief warns against inflation target reset
THAILAND’S central bank governor warned that any move to raise the monetary authority’s inflation target may unanchor expectations and result in quickening price gains, which carries risks for economic...
Evergrande EV warns of losing key assets as local governments demand subsidy repayment
CHINA Evergrande New Energy Vehicle Group faces the risk of losing assets such as land and equipment, the company said on Tuesday (Jun 11), as local administrative bodies demand...
US banks have a commercial property blind spot, study warns
Large US banks may be more exposed to commercial property than regulators appreciate because of credit lines and term loans they provide to real estate investment trusts, according to...
China state media warns on speculative trading in special bonds
CHINA’S state media urged investors to refrain from engaging in speculative trades in the latest special sovereign bond, as an illiquid part of the market saw a retail buying...
Sony warns tech companies: Don’t use our music to train your AI
Sony Music Group is sending letters to 700 artificial intelligence developers and music streaming services warning them to not use its artists’ music to train generative AI tools without...
BlackRock warns weak yen deters foreigners from Japan stocks
THE yen’s weakness is turning foreign investors away from Japanese stocks.The Nikkei 225 Stock Average has jumped 14 per cent this year, outperforming its global peers. But for US...
Japan warns of action over rapid currency moves
JAPAN may have to take action against any disorderly, speculative-driven foreign exchange moves, the government’s top currency diplomat Masato Kanda said on Tuesday, reinforcing Tokyo’s readiness to intervene again...