deleveraging

Engineering a big economic rebound and maintaining strong and sustainable growth thereafter will require much more than a vaccine.

Along with the westward move of this unfolding health care crisis, markets have declined and become increasingly volatile. In addition, steeply falling oil prices have worsened the situation.

BEIJING (Sept 27): The world’s second-largest economy may be faring well this year but 2018 is shaping up to be less positive, with progress on reducing debt and industrial capacity proving elusive, according to the China Beige Book.

SINGAPORE (March 23): DBS Vickers Securities is positive on Vibrant Group’s recent asset sale transaction, but thinks the logistics firm still lacks the cash to perform the redemption of its upcoming bond maturities.