Japan's financial regulator is running stress tests to see if too much cash in the system is stifling smaller banks' ability to earn, unlike regulatory tests elsewhere that have been designed to see whether lenders had enough capital to cope with financial shocks.
South Korea's banks, whose average returns on equity are the worst among lenders in Asia and are less than half of their Chinese peers, are poised to benefit from a promised move by the country to ease heavy-handed regulation.
A laboratory technician for the U.S. Centers for Disease Control and Prevention has been placed under observation for possible exposure to the deadly Ebola virus due to an apparent mix-up in lab specimens, the Atlanta-based agency said on Wednesday.
A crackdown on inside trading in China since the second half of last year has resulted in 39 suspects from over 20 financial institutions being handed over to police, the China Securities Regulatory Commission (CSRC) said on Friday.
