IMF revises up Asia’s growth forecast, warns of China risk
By Leika Kihara TOKYO (Reuters) – The International Monetary Fund (IMF) on Tuesday projected emerging Asian economies would expand 5.2% this year, slowing from 2023 but revised up from its…
By Leika Kihara TOKYO (Reuters) – The International Monetary Fund (IMF) on Tuesday projected emerging Asian economies would expand 5.2% this year, slowing from 2023 but revised up from its…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets on Monday could kick off the last week of the month in a bullish…
By Xinghui Kok SINGAPORE (Reuters) – The International Monetary Fund (IMF) downgraded its 2023 and 2024 growth forecasts for China, saying its recovery was “losing steam” and citing weakness in…
By Greg Torode HONG KONG (Reuters) – A submarine arms race is intensifying as China embarks on production of a new generation of nuclear-armed submarines that for the first time…
By Rae Wee SINGAPORE (Reuters) – When global commercial real estate services firm JLL found public debt and loan markets were averse to funding a property project in Arizona, it…
By Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE (Reuters) – Asia’s dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in…
By Leika Kihara INCHEON, South Korea (Reuters) – Bank of Japan Governor Kazuo Ueda said on Tuesday the downside risks to Asia’s economy were smaller than those to other parts…
(Reuters) – Asia’s developing economies have seen “very robust” growth but face risks from tightening global financial conditions due to rapid U.S. and European interest rate hikes, Asian Development Bank…
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Shares of Asian companies with big cash balances are outperforming the broader market and analysts say the money will be a cushion…
By Karen Lema MANILA (Reuters) – Developing Asia will grow faster than previously thought this year, underpinned by a stronger-than-projected rebound in China, but risks from global banking turmoil could…
By Chayut Setboonsarng, Xinghui Kok and Stella Qiu BANGKOK/SINGAPORE/SYDNEY (Reuters) – Asian countries are bracing for an influx of Chinese tourists as COVID restrictions are dismantled, and while some are…
By Summer Zhen and Xie Yu HONG KONG (Reuters) – Asia’s hedge funds are heading for their worst showing in a dozen years, with long-short stockpickers wrongfooted by volatility in…
(Updates the company description in the fourth-to-last paragraph) By Summer Zhen HONG KONG (Reuters) – With traditional equity and bond portfolios underwhelming investors this year and China’s market returns letting…
By Leika Kihara NUSA DUA, Indonesia (Reuters) – Asia must phase out coal power gradually while still making use of existing infrastructure to make the shift to a carbon-neutral society…
By Leika Kihara TOKYO (Reuters) – The International Monetary Fund cut Asia’s economic growth forecasts on Tuesday, with rising inflation forcing many central banks to tighten monetary policy even as…
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Expect an ugly open to Asian markets on Monday as investors try to shield themselves from…
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Economic data from Asia’s two economic powerhouses kicks off the global trading day on Monday –…
(Reuters) – India could emerge as Asia’s strongest economy in 2022-2023 as it is best-positioned to generate robust domestic demand, helped by economic policy reforms, a young workforce and business…
By Rae Wee and Harish Sridharan SINGAPORE – As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are unusually poised to buy in…
By Koustav Samanta SINGAPORE – Asian jet fuel refining profits – already at all-time highs – have enough leg room for more gains in the coming weeks, as relaxed border…
By Nelson Da Cruz DILI -Polls have closed in East Timor after Asia’s youngest nation held its fifth presidential election since independence on Saturday, with political stability and economic security…
By Heekyong Yang and Norihiko Shirouzu SEOUL/BEIJING – Asian battery makers for electric vehicles are shielded from a big, immediate hit from surging nickel prices amid Russia’s invasion of Ukraine,…
By Chen Lin and Aradhana Aravindan SINGAPORE – As a depleted Singapore Airshow winds down, delegates reported growing optimism as the hard-hit Asian aerospace market begins to recover despite emerging…
By Tom Westbrook and Harish Sridharan SINGAPORE/BENGALURU – The Chinese yuan’s recoil from a near four-year high has raised market nerves that a recent period of stability is ending, which…