US household debt tops US$16 trillion
WASHINGTON, Aug 3 — US household debt topped US$16 trillion (RM71.3 trillion) in the second quarter as rising prices led to a surge in the...
Putrajaya must act on national household debt, prevent more bankruptcies — Anwar
By Jerry Choong SHAH ALAM, July 14 — The Federal government must take the necessary steps to handle the country’s household debt, as an estimated...
Outstanding household loans under repayment assistance increase to 16 pct at end-June 2021
KUALA LUMPUR, Sept 28 — As of the end of June 2021, 12.8 per cent of household loan accounts, or 16 per cent of outstanding...
Global swelling in debt posing risk in global recovery, says Moody’s
KUALA LUMPUR, May 17 — The total global debt rose a record US$24 trillion in 2020, pushing global leverage up a staggering 34 percentage points...
Ringgit likely to move range-bound against US dollar next week
KUALA LUMPUR, April 3 — The ringgit is likely to move range-bound with a downside risk next week between 4.1350-4.1470 amid potentially better oil prices...
Measures to support households provide financial relief, but elevated debt still at risk
KUALA LUMPUR, April 3 — Measures introduced by the Federal government and Bank Negara Malaysia (BNM) in response to the Covid-19 pandemic is expected to...