Chinese Banks Must Brace for Surge in Bad Loans Due to Covid-19 Impact: Regulator in Top Business News- News18.com published on July 12, 2020 leave a reply Outstanding non-performing loans in the sector totalled 3.6 trillion yuan as of end-June, while the bad loan ratio rose to 2.10%, 0.08 percentage points higher than the beginning of the year. from Top Business News- News18.com https://ift.tt/2DtM1jj Tweet Share Share Share Share Previous Post Need Legally-backed 'Resolution Corporation' to Deal with Stressed Financial Firms: RBI Governor Next Post Amid India-China Tensions, CAIT Urges Centre Not to Allow Chinese Firms in Train 18 Project post written by: Rohit Related PostsChina's Export Growth Quickens In August, Imports Edge LowerChinas export growth accelerated in August while imports edged lower as the worlds secondlargest economy extended its recovery from the coronavirus pandemic. f… Continue ReadingGold Subdued On Strong Dollar; ECB Meeting In FocusGold prices eased on Tuesday as the dollar strengthened, although rising doubts over the economic recovery from the COVID19 slump limited losses, with investors… Continue ReadingU.S. Considering Ban On Cotton From Xinjiang Region Of China Over Rights Concerns - NYTThe administration of U.S. President Donald Trump is weighing a ban on some or all products made with cotton from the Xinjiang region of China over alleged huma… Continue ReadingStanChart's Global Head Of Commodities Business To Leave As Team Restructured - MemoThe global commodities chief at Standard Chartered Plc (StanChart) is leaving the bank as part of the division's restructuring, with many commodities team execu… Continue ReadingGlobal Markets: World Shares Rebound, Try To Shake Off U.S. Tech Rout ScareU.S. stock futures and Asian shares regained some footing on Tuesday following a small bounce in European shares as investors looked to whether highflying U.S. … Continue Reading
0 comments: