corporate debt

The economic and health crisis brought about by the Covid-19 pandemic will have quite some ways to go. “We are not at the beginning of the end,” says Ravi Menon, managing director of the Monetary Authority of Singapore (MAS).

(July 29): In the aftermath of the global financial crisis (GFC), central banks around the world embraced aggressive monetary policies to minimise the fallout and kick-start the recovery process. That includes cutting policy rates to historic lows, even i

(July 29): In the aftermath of the global financial crisis (GFC), central banks around the world embraced aggressive monetary policies to minimise the fallout and kick-start the recovery process. That includes cutting policy rates to historic lows, even i

HONG KONG/BEIJING (June 22): A mad scramble by Chinese property developers to build up their land banks is taking its toll on the industry’s creditworthiness, with builders singled out as having the highest risk of default as channels of credit tighten.

NEW YORK/HONG KONG (Oct 16): People’s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing.

SINGAPORE (April 10): Twenty years after the Asian financial crisis and a decade since the global credit crunch, the region is swimming in debt.