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…
debt
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…
By
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…
By
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…
By
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.…