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Malaysia’s currency facing two key risks after beating Asia peers

Bloomberg The Malaysian ringgit has defied the odds to outperform most of its Asian peers. Now investors will be watching to see if it survives the trials of September. A three-month rally in the currency could come to a halt when FTSE Russell announces a decision on whether it’ll retain ringgit bonds in its World Government Bond Index. A lesser ...

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MAS to enhance bank access to dollar funding

Bloomberg Singapore’s financial regulator said it will introduce measures to enhance banks’ access to local and US dollar funding to protect the city state’s financial sector against the economic fallout of the coronavirus pandemic. From September 28, the new facility will provide banks and financial firms an additional channel to borrow Singapore dollar funds at longer tenors and will allow ...

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Credit Suisse may have spied on more staff: Report

Bloomberg Credit Suisse Group AG may have spied on other employees beyond former star banker Iqbal Khan and its ex-head of human resources, Swiss newspaper SonntagsZeitung reported, citing people familiar with the matter and a probe of the bank’s activities by banking regulator Finma. The Swiss bank surveilled a former employee in the US as well as an ex-staff member ...

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