South Korean authorities pledged on Thursday to ensure liquidity at a local credit cooperative that has seen one of its branches hit by customer withdrawals after media reports about a rise in non-performing loans related to real estate projects.
Mitsubishi UFJ Financial Group said on Monday it would buy Mandala Multifinance , a major auto loan provider in Indonesia, for 7 trillion rupiah ($467 million) to deepen its Asian presence and tap growth in consumption in emerging markets.
Sri Lankan shares closed higher on Wednesday, aided by gains in financial and communication services stocks, while investors await the monetary policy decision from the country's central bank this week where it is expected to keep key rates unchanged.