welcome
Reuters

Reuters

Business

Business & Economics

Asia credit starts to wobble as market pain spreads

Reuters
Summary
Nutrition label

81% Informative

The cost of insuring against corporate and sovereign default higher as recession fears rippled across financial markets.

The five-year credit default swap spread on the Markit Itraxx Asia ex-Japan index rose about 26 basis points to its highest since August last year .

Sovereign spreads for China , Vietnam , Indonesia , Thailand and Malaysia also widened, S&P Global data showed.

VR Score

93

Informative language

99

Neutral language

76

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.