Bloomberg The number of coronavirus cases in Indonesia exceeded 75,000 as infections in the two largest hotspots continued to accelerate after the government eased physical-distancing curbs more than a month ago. There were 1,681 new cases in the 24 hours to midday on Sunday, bringing the total to 75,699, authorities said, adding that 71 people succumbed to the virus. The ...

Bloomberg Indian banks, which are already struggling with one of the world’s worst loan ratios, are set to face more pain as the coronavirus pandemic slams growth, the central bank’s chief warned, urging lenders to gird up their defenses. “The economic impact of the pandemic, due to the lockdown and the anticipated post-lockdown compression in economic growth, may result in ...

Bloomberg China may face a sharp rebound in non-performing loans after virus-relief incentives delayed the reflection of risk exposure on the balance sheet of lenders. The bad-loan ratio rose 8 basis points from the start of the year to 2.1% as of end-June, while non-performing loans are expected to increase, the China Banking and Insurance Regulatory Commission (CBIRC) said in a ...