Bloomberg Hong Kong’s central bank asked lenders to report their exposure to debt-laden China Evergrande Group on concern over potential systemic risks to the region’s financial system, according to people familiar with the matter. The Hong Kong Monetary Authority (HKMA) queried lenders in the city, giving them 24 hours to respond on their financial commitments to China’s most indebted developer, ...

Bloomberg Sri Lanka aims to bolster its currency reserves and finances through a sprawling plan that includes boosting export earnings repatriation and tax reforms, as well as outside funding, currency swaps and possibly repurchasing or renegotiating debt, its central bank chief said. Ajith Nivard Cabraal, the central bank of Sri Lanka’s newly appointed governor, said the country aims to provide ...

Bloomberg A Bank of England (BOE) rate hike looks likely this year if UK supply problems don’t ease and inflation pressures aren’t tempered by the end of government job support. That’s according to Allan Monks, an economist at JPMorgan Chase & Co., who said in a note to clients that while the Monetary Policy Committee would prefer to delay a ...