Posted inAT Finance, China, Indonesia, Malaysia, Myanmar, South Asia, Thailand

Ambivalence on progress 20 years after financial crisis

The two-decade anniversary of the Asian financial crisis was marked quietly by regional investors and officials, as they acknowledged comebacks since that grim period but were wary of new debt and capital-flow risks despite healthy first-half securities-market results. The International Monetary Fund, which extended US$40 billion in rescue programs during the crisis that began in […]