household debt

Central banks find that a tool to curb bubbles is doing the job
SINGAPORE (Dec 4): Central bankers are starting to see promising results from one of the recent additions to their monetary policy toolbox. Lending curbs to stem financial risk -- so-called macroprudential limits -- have helped slow risky borrowing and temper property price bubbles in countries from New Zealand to Canada, a host of financial stability reports showed this week. While there ...
4 charts that say still too early to get excited about Singapore's economic rebound
(June 9): Singapore’s economy may be picking up, but consumers aren’t feeling it.  After two years of below-par growth, economists and even the government are becoming more positive on the outlook. While it's not boom time yet, the consensus is that 2017 growth will come in higher than last year’s 2%. A large part of that is down to exports: Singapore, like other ...
Singapore is only Asean country to have stable banking outlook as risks rise
SINGAPORE (Oct 6): Asean banks are facing slower GDP growth, a weaker operating environment and increasing downside risks – but most should have adequate loss-absorption buffers to support their current ratings, says Fitch Ratings. In a Wednesday statement, Fitch notes that the operating environment for banks across much of Asean has become more challenging over the last couple of years, ...
4 Asian countries with room left to raise household spending: HSBC
SINGAPORE (June 17): While consumer debt-to-GDP ratios have climbed over the years for most countries in Asia, HSBC says there is “still some room left to raise household debt, and fuel consumption” in some. “Over the last few years, household credit has increased especially sharply in Australia, Malaysia, Thailand, Korea, Hong Kong, and China,” say HSBC economist Frederic Neumann and ...