Bloomberg China’s central bank plans to apply a stricter method for assessing banks’ capital as part of efforts to contain financial-sector risks, people with knowledge of the matter said. Under the proposed change to the so-called Macro Prudential Assessment (MPA) framework, the People’s Bank of China will remove an intermediary category in its evaluation of banks’ capital adequacy, the ...

  ABU DHABI / Emirates Business Union National Bank (UNB), 50 percent owned by the Abu Dhabi government, will open its first branch in China next month, its chief executive said, as Gulf banks expand in the world’s second biggest economy. Union National has got approval from China’s central bank to convert its representative office into a branch in Shanghai, ...

  Bloomberg Indonesia’s central bank has cut borrowing costs enough to spur growth in the economy, Senior Deputy Governor Mirza Adityaswara said, giving his clearest signal yet that the bank’s easing policy is over as inflation pressures pick up. Boosting growth is “not about interest rates anymore,” Adityaswara said in an interview in Jakarta on Thursday. “We monitor the external ...