A measure of risk levels for Asia debt surpassed its 2009 financial crisis high, thanks to a surge in downgrades of Chinese property developers, Moody’s said. Source: China’s property troubles have pushed one debt indicator above levels seen in the financial crisis
Tag: Asia
The Federal Reserve raised benchmark interest rates 75 basis points on Wednesday in a move that equates to the most aggressive hike since 1994. Source: Hong Kong’s Hang Seng index drops close to 3% in mixed Asia trade as investor sentiment remains fragile
By Google News The logo of Pegatron, which assembles electronics from Apple Inc’s iPhones, is seen during an annual general meeting in Taipei, Taiwan June 20, 2017. REUTERS/Tyrone Siu Register now for FREE unlimited access to Reuters.com Register TAIPEI, June 15 (Reuters) – China’s recent lockdowns to control the spread of COVID-19 have made Apple […]