nonperforming loans (NPL)

(Aug 30): Regional banks in China’s rust-belt provinces are driving the rapid expansion of shadow banking in the country, fuelling a web of informal lending that poses wider risks to the financial system, according to a study by UBS Group AG.

SINGAPORE (May 3): RHB and Maybank Kim Eng Research are reiterating their “neutral” and “hold” calls on DBS Group at price targets of $20.50 and $19.86 respectively, up from the previous $19.35 and $18.13.