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TOKYO: Hong Kong’s unique access to mainland China will keep the city as an Asian financial hub and its credit rating intact despite ongoing protests, according to S&P Global Ratings.
SHANGHAI: Local government investment arms in China were once considered one of the country’s riskiest groups of borrowers and a time bomb in a creaky financial system.
SINGAPORE: Asian emerging-market currencies are cheap and an imminent U.S.-China trade deal means this is a good time to buy them, according to Pacific Investment Management Co.
Five years on and after a deeply divisive election, the republic is facing rising poverty, especially in the rural areas: Are those in Delhi blinded by smog?
TOKYO: Mitsubishi UFJ Financial Group Inc (MUFG) has reported a 6.3% drop in net profit for the six months through September, as its profit in the same period of last year was buoyed by the release of bad loan provisions.
BEIRUT (Reuters) - Lebanese student Fatima Jaber's family is struggling to pay off multiple loans with double-digit interest rates.
KUALA LUMPUR: Moody's Investors Service has a negative outlook for sovereign creditworthiness in 2020 due to worrying geopolitical environment, rising risks of shocks.
LOS ANGELES (Reuters) - A leading economist who vouched for Democratic presidential candidate Elizabeth Warren's healthcare reform plan told Reuters on Thursday he doubts its staggering cost can be fully covered alongside her other government programs.
Dubai: Most analysts following South Africa expect it to lose its final investment-grade rating. But they disagree over when that might happen and what the consequences would be
BEIRUT (Reuters) - Lebanon's banks are worried that a central bank deadline for compulsory capital increases is too tight as they grapple with the fallout from weeks of anti-government protests, banking sources familiar with the matter said.