Credit Munch

LVS in a struggle to stave off bankruptcy

The Government of Singapore has told gambling giant Las Vegas Sands Corporation that it will be lending it any money

Asia plunges as Yen soars on US bailout fears

The yen is the most accurate barometer of global risk aversion - the higher it climbs, the worse the sentiment

Hong Kong feels effect of slowdown in China

Hong Kong's economy shows signs of recession as growth across Asia is battered by a crisis in shipping and global trade

Beijing's $586bn rescue beats them all : Leo Lewis on Asia

Beijing's Olympic-sized fiscal stimulus package raises vital questions, but the details were tantalisingly vague

Wall Street's early gains cancelled out

China's £375bn investment deal lifts US shares in early trade but company losses temper gains

Beijing's £375bn rescue amid slowdown

Chinese government announces huge spending package in a bid to reverse economic slowdown amid signs of trouble

Singapore Airlines reports big profit decline

The world's most valuable carrier is hit by slowing passenger bookings as profits fall 36 per cent to S$324 million

EU to present plan to G20 summit

Finance ministers from the EU have agreed an 11-point 'checklist' to improve regulation and predict financial threats

The West can only envy Asian levels of growth

Analyst believes the doom-mongers do not understand Asia's - and particularly China's - resilience to a Western downturn

CLSA asks 500 staff to consider pay cuts

Senior brokers in Asia asked to take voluntary pay reductions of up to 25% next year to save jobs as downturn hits

Hong Kong shares dive 13% as confidence goes

Bank of East Asia and Hong Kong's fifth largest lender admits to £250m derivative losses with index in worst one-day fall