Bloomberg China’s financial regulators will allow the nation’s lenders to delay recognising bad loans from smaller businesses reeling from the deadly coronavirus outbreak, giving temporary reprieve to trillions of yuan of debt. Qualified small- and medium-sized businesses nationwide with principal or interest due between January 25 and June 30 can apply for a delay to the end of the second ...

Bloomberg Global central bankers from Japan to the UK pledged action aimed at stabilising financial markets rattled by the spreading coronavirus as pressure builds on them to ease monetary policy to safeguard their economies. In an emergency statement on Monday, the Bank of Japan (BOJ) said it would “strive to provide ample liquidity and ensure stability in financial markets.” The ...

Bloomberg After spending more than $6 billion to stem the exodus of foreign investors from Indonesian assets last month, Bank Indonesia has signaled it’s ready to splurge more to defend the nation’s battered currency and bonds. The central bank offered to buy sovereign bonds worth 2 trillion rupiah ($140 million) from the secondary market on Monday after the yield on ...