Economists say one factor working in favour of Asia-Pacific is generally softer pivot in monetary policy, with central banks in Australia, S Korea, Indonesia and India pausing their tightening cycles
Negative ratings momentum could result in jurisdictions where the entire industry suffers serious data breaches repeatedly, or where regulators are particularly lax, the agency said
Thailand saw the biggest drop in reserves as a percentage of the gross domestic product, followed by Malaysia and India, according to data compiled by Bloomberg
Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle rising inflation and defend weakening currencies
Banks in Asia are "falling short" when it comes to meeting global pledges to tackle climate change and aligning with the decarbonisation aims of their nations, a new study says