Asian Financial Crisis

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Former Malaysian Prime Minister Mahathir Mohamad, the country's leader during the 1998 Asian financial crisis, talks about current Prime Minister Najib Razak's government and timing for the next national election. Mahathir also discusses Europe ...
May 28, 2012 at 23:45 | Source: Businessweek
For officials here, the meltdown in Greece also provides a reminder of the trauma of the Asian financial crisis of 1997-1998. To avoid defaulting on its foreign debt back then, South Korea received $60 billion in loans, including $21 billion ...
May 24, 2012 at 06:54 | Source: Wall Street Journal
BANGKOK (AP) -- Asian stock markets struggled for firm footing Friday ... European leaders failed to find an agreement on how to fix the financial crisis at their latest summit Thursday. Among unresolved issues was whether euro countries should ...
May 25, 2012 at 05:12 | Source: Yahoo Finance
You need to enable Javascript to play media on Bloomberg.com A Greek exit from the euro could cause contagion comparable to the Asian financial crisis, according to Malaysia’s central bank Governor Zeti Akhtar Aziz, who had first-hand ...
May 17, 2012 at 09:18 | Source: Bloomberg
Now, Europe is looking to deep-pocketed Asian nations for help ... when its entrapment by Asia’s crisis turned a regional problem into a global one. Europe is forgetting that the quicker you deal with the root of financial problems, however painful ...
May 26, 2012 at 04:07 | Source: thejakartaglobe.com
Again, investors do not discriminate against currencies as much, as it was just a tiny financial crisis." Strategists said high beta Asian currencies like the Korean won and Indian Rupee are among the risky units. They are likely to succumb to ...
May 21, 2012 at 13:45 | Source: Channel NewsAsia
according to a senior Finance Ministry official "The financial crisis is a European issue. We don't owe them much money. The most we owe is to Japan and groups like the World Bank and the Asian Development Bank," ministry debt management head ...
May 25, 2012 at 08:25 | Source: Jakarta Post
... still remember the strict and pervasive conditionality that defined the IMF’s support during the 1997-98 Asian financial crisis,” Moody’s said. The credit watchdog added that the CMIM would be one weapon in the arsenal of crisis-mitigation devices.  “
May 14, 2012 at 17:42 | Source: Malaya - Online Edition
As was the case during the financial crisis and the rout which kicked into Asia's primary dollar market in July, the bid for Asian currency paper, including yen, appears intact. Kexim testified to that on Thursday as it priced a Samurai that set ...
May 17, 2012 at 13:00 | Source: Reuters UK
Asian stocks swung between gains and losses amid ... Concern is now growing that Spanish lenders will need more financial support to weather the crisis in the debt-stricken region. To contact the reporter on this story: Adam Haigh in Sydney ...
May 29, 2012 at 01:47 | Source: Bloomberg