debt
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23 Oct
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 rate of expansion next year.
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18 Jul
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 credit.
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17 Jul
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.
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21 Jun
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 October 2015.
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24 May
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 in nearly 30 years.
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5 May
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 credit to fuel its expansion.
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12 Apr
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 rate of growth has led to fears that lenders may find themselves overexposed in the event of a downturn. The new car market is in the midst of a prolonged boom, with sales having risen
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20 Mar
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.
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13 Jan
Three things that will change the world today
These three things are going to have a significant impact on the wider world.