China's Very High Mountain of Debt

China's debt mountain is casting a shadow over the world's second-largest economy.Total debt has reached 282 percent of GDP, according to the McKinsey Global Institute.

Vietnam Raises Foreign Bank Ownership Caps to Aid System

Vietnam will allow foreign investors to take bigger stakes in the nation’s lenders in a bid to bolster the ailing banking system.

China cash squeeze persists even after central bank reassures market

(Reuters) - China's cash market squeeze showed little sign of easing on Monday, reinforcing the view the central bank has shifted to tighter monetary policy.

China's debt problem sparks worries

China's credit boom has saddled unworthy businesses with large loans, fueled the country's shadow banking system and put local governments on the hook for billions.

India Cuts Borrowing Program as Chidambaram Curbs Spending

India cut its annual borrowing program as Finance Minister Palaniappan Chidambaram reined in spending and raised as much as 220 billion rupees ($4 billion) selling stakes in state companies.

India risks backlash hurrying through overdue welfare reform

BEELAHERI, India (Reuters) - India is shaking up the way it gets billions of welfare dollars to the poor with a plan that could one day reshape the economy and tackle graft keeping millions in poverty, but in one small town a pilot of the new system is proving unpopular.

Vietnam's PM apologizes for economy woes but sees progress

HANOI (Reuters) - Vietnam's prime minister made a rare apology on Monday for problems gripping the economy and called for the ruling Communist Party to work with the country at large to implement reforms more quickly and ensure order in its finances.

Vietnam Downgrade Adds Momentum to Clean Up State Loans: Economy

As Vietnam wins a yearlong battle to tame inflation and stabilize its currency, the spotlight is moving to the drag on growth from undercapitalized banks that have channeled credit to the nation’s state-owned companies.

Vietnamese economy: undertaking necessary reforms

In the face of slowing global growth, the Vietnamese economy remains well positioned to continue to grow this year , even as other export-dependent economies around the world struggle.

India’s Central Bank Cuts Reserve Ratio as Cash Squeeze Threatens Economy

India’s central bank unexpectedly cut the amount of deposits lenders need to set aside as reserves to ease a cash squeeze in the banking system that threatens to deepen an economic slowdown.