South Korea could keep expansionary policy for years

(Reuters) - South Korea will maintain pro-growth policy until a sustained recovery is firmly secured, possibly beyond 2015, as an anticipated pick-up next year might only only be tentative, the finance minister said on Tuesday.

Singapore to Require Banks to Hold Liquid Assets for Crises

Banks in Singapore will soon be required to keep certain amounts of easy-to-sell assets on hand in the country to support themselves in times of stress.

Philippines Raises Reserve Ratio as Rate Increase Seen Nearing

The Philippine central bank ordered lenders to set aside more money as reserves to curb liquidity, a move that analysts say could signal increases in the benchmark interest rate in the coming months.