You are here

Choppier growth for Asia in 2016: Nomura

Malaysia's growth is seen moderating to 4% in 2016 with a further 4.5% downside to the ringgit

Kuala Lumpur

GLOBAL banking group Nomura is projecting even choppier growth in Asia ex-Japan next year with GDP (gross domestic product) expansion slowing further to a forecast 5.7 per cent as it faces structural headwinds especially those emanating from China's economic slowdown.