Asia counts cost of Fed's stimulus rollback

The prospect of the United States Federal Reserve beginning to wind back its bond-buying programme and close the taps on liquidity is hitting regional funding costs. Asian firms looking to borrow in US dollars are getting hit with rising interest rates and by a mass exit of international investors from emerging markets.

via Business feed http://www.scmp.com/business/banking-finance/article/1299080/asia-counts-cost-feds-stimulus-rollback