Asian economies remain relatively strong but risks dominate: IMF
IMF cautions that uncertainties in US and China markets could derail economic recovery
Lima
ASIA will remain the "global growth leader" this year and in 2016 despite the slowdown in China and other parts of the region but "negative risks to growth dominate", the International Monetary Fund (IMF) said on Friday in its latest Asia and Pacific Regional Economic Outlook report.
"While Asia's growth has recently disappointed, the region is expected to grow at a steady 5.4 per cent in 2015-16", the report said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China says Hamas and Fatah express will for reconciliation
US consumer confidence at lowest level since 2022
Record gold prices boost recycling: WGC
Malaysian fast food operator QSR shelves IPO plans amid boycott campaign: sources
WHO warns of bird flu risk spreading to cows outside US
Sri Lanka’s key inflation rate rises to 1.5% in April