Posted inAT FinanceCambodiaChinaIndiaMalaysiaMiddle EastNortheast AsiaSouth AsiaSouth KoreaThailandTurkeyVietnamWorld

Asian powerhouses at risk from credit binge, rising interest rates

Asia’s credit binge is starting to put some financial systems under strain, with global regulators warning that upward pressure on interest rates could lift household debt and lead to a further deterioration in banks’ asset values. The World Bank said in its October economic update that China, Malaysia, India, South Korea, Vietnam, Thailand, Cambodia and […]