ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Beware the next Asian debt crisis

Rising US interest rates are starting to bite over-borrowed companies and households

| Southeast Asia

The U.S. Federal Reserve's latest interest hike this week is an uncomfortable reminder to Asian borrowers about the risks of financial complacency.

Businesses and households in the region have for too long appeared oblivious of the danger of a new debt crisis, despite growing warnings of such risks -- and the fact that even after two hikes already in 2018, the Fed is signaling there are more to come before the year is out.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more