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Reuters

Reuters

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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

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