Tag: Asia Economy
ADB cuts Asia growth forecast, sees inflation rising
Asia growth outlook is worsening due to the war in Ukraine, Covid-19 shutdowns in China and hawkish global central banks....
Can Fed rate hikes cause another Asian financial crisis?
A hawkish US Federal Reserve is negatively impacting global economies, raising concerns of an Asian financial crisis. ...
Asia debt crisis and the role of China
Asia debt crisis is in focus due to the unravelling of Sri Lanka's economy, with risks of defaults by Laos, Pakistan, Bangladesh and others....
Slowdown in Asia manufacturing reflects weak global demand
Asia manufacturing activity (composite PMI) slowed to a 10-month low of 51.2 in July, as per data compiled by IHS Markit....
Sri Lanka’s IMF bailout likely delayed
Sri Lanka's economy may not get any relief soon as President Gotabaya Rajapaksha has fled the country in face of violent protests. ...
Inflation soaring in Asia
An uptick in Asia inflation has prompted multiple rate hikes, but economies in the region are in better shape than their Western counterpart...