Asian shares retreat after worries over bank lending pull Wall St lower https://www.taxtmi.com/news?id=59120 Asian equities fell after U.S. market declines prompted by scrutiny of midsized banks' loan portfolios; large charge-offs, borrower misrepresentations and alleged fraud spurred sell-offs in affected banks, feeding broader risk aversion. Credit-quality concerns, stretched equity valuations requiring stronger corporate profits, and heightened U.S.-China trade tensions combined to weaken major Asian indices and amplify market caution. en-us Fri, 17 Oct 2025 10:46:03 +0530 Fri, 17 Oct 2025 10:46:03 +0530 TaxTMI RSS Generator Asian shares retreat after worries over bank lending pull Wall St lower https://www.taxtmi.com/news?id=59120 Asian equities fell after U.S. market declines prompted by scrutiny of midsized banks' loan portfolios; large charge-offs, borrower misrepresentations and alleged fraud spurred sell-offs in affected banks, feeding broader risk aversion. Credit-quality concerns, stretched equity valuations requiring stronger corporate profits, and heightened U.S.-China trade tensions combined to weaken major Asian indices and amplify market caution. News - Fri, 17 Oct 2025 10:46:03 +0530 https://www.taxtmi.com/news?id=59120