debt

Vietnam’s economy is one of the fastest-growing in Asia

Vietnam is set to meet its target of 6.7 percent economic growth this year, and expects to see the same…

The Bank of England is walking a fine line on consumer credit

The Bank of England's Prudential Regulation Authority (PRA) has told lenders to demonstrate they are properly managing risks -- including consumer…

Here’s what you need to know about China’s latest GDP growth figures

The Chinese economy grew faster than expected in the second quarter, expanding 6.9 percent. Financial analysts had forecast a lower GDP growth…

Why did former tennis champion Boris Becker go bankrupt?

Three-times Wimbledon champion Boris Becker was declared bankrupt on Wednesday for failing to pay an outstanding debt reaching back to…

Moody’s downgrades China’s credit rating for the first time since 1989

Moody's, one of the world's biggest bond credit rating service downgraded China's credit ratings on Wednesday for the first time…

The UK car market is hugely dependent on motor finance

The new car market in the UK has shown phenomenal growth in recent years, but has become increasingly dependent on…

Cheap car finance deals are leaving lenders overexposed

Motor finance has been one of the star performers of the consumer credit sector in recent years, but the rapid…

Denmark has no foreign currency debt for the first time in 183 years

As it stands, there are five debt-free countries in the world -- Macau, the British Virgin Islands, Brunei, Liechtenstein and Palau.…

Three things that will change the world today

These three things are going to have a significant impact on the wider world. US banks reveal their 2016 performance…