AS relief schemes put in place to cushion the pandemic's financial blow start to expire, debt balances are likely to go up in the coming months. Already, figures from the Credit Bureau Singapore show personal debt rising, with the average personal loans and overdraft balances for those under 30 up by about 23 per cent in the first quarter of this year.
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Bank of Japan to consider slower bond taper as fresh global risks emerge
The central bank’s policy normalisation is at a crossroads as steep US tariffs hurt Japan’s export-heavy economy, forcing the board to cut...
