Asian lenders lag in Libor transition, virus adds to delays

HONG KONG (Reuters) - Few Asian banks will be able to make loans this year using new rates designed to replace Libor benchmarks, key software vendors say, leaving them facing a scramble ahead of Libor's demise as the coronavirus pandemic further complicates transition plans.Global regulators want to stick to the end-2021 date for scrapping the lending rate, despite calls from some in the industry to push back the deadline because of the impact of the pandemic on business activity. If the banks..