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20 years on, scars from Asian financial meltdown linger
Associated Press, Published on 29/06/2017
» It's been 20 years since a financial meltdown spread through much of Asia, wrecking economies and bringing down governments.
US rate hike ends wait, but not uncertainty for Asia
Associated Press, Published on 17/12/2015
» TOKYO — The Federal Reserve's rate hike was welcomed in Asia as a sign of strength in the US economy, a major market for the region's exports. But it might also bring difficulties by complicating Chinese efforts to avoid a sharper economic slowdown and keep the yuan steady.
Major US banks told to hold extra $200bn
Business, Associated Press, Published on 22/07/2015
» WASHINGTON — Federal regulators are directing the eight largest US banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.