KM Financial Solutions | UPDATE 1-Banks tighten credit on Asia oil traders as Hin Leong losses add to woes – sources
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UPDATE 1-Banks tighten credit on Asia oil traders as Hin Leong losses add to woes – sources

UPDATE 1-Banks tighten credit on Asia oil traders as Hin Leong losses add to woes – sources

Banks and trading companies
are scaling down activities in Asia following the oil price
collapse and financial problems at three companies including
major Singapore trader Hin Leong, according to eight sources
familiar with the matter.

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