Asia Pacific
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Asian Development Bank president Haruhuko Kuroda insists that Asia can weather the gather global economic storms
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Pakistan’s economic stewards insist its vulnerabilities are limited. But a growing number of experts fear that without urgent action Pakistan’s large and persistent fiscal deficit could spell the economy’s undoing
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Recent months have seen an outsized level of excitement in global financial markets over the sale in Hong Kong of so-called ‘dim sum’ bonds. But there is reason to question the true scale of the offshore renminbi market and its potential growth
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A controversial new definition of poverty will no see the country’s poor lose out, a senior Indian official has insisted
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Cast as the saviours of capitalism during the dark days of the financial crisis three years ago, sovereign wealth funds have so far avoided the limelight during recent market turmoil. But whether they stay in the shadows will depend more on politics than sound investment strategy
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Freeing up deposit interest rates in the country should benefit small and medium-sized enterprises but will take years to complete, argues sell-side research house Bernstein.
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Pakistani officials insist that the country’s external position remains comfortable as its IMF loan program comes to an end, but others warn of mounting risks
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The incoming government of Yingluck Shinawatra has to turn political pledges into achievable policy
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Finance minister Pranab Mukherjee warns of looming currency wars, but policymakers insist they have no immediate plans to implement capital controls
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India is actively seeking to outpace China in the years ahead. But its ambitious growth plans will be hard to achieve without radical expansion of its chronically underdeveloped manufacturing sector