The Business Times
business-time-50

G20: Will Asian emerging markets continue to drive progress?

For the first time in 200 years, global income inequality is declining. But income inequality within nations could set this on reverse

Summarise
google-preferred-sourceAdd BT as a preferred source
阅读简体中文版 (beta)
    • Overall global income inequality appears to be declining thanks in large part to two emerging market giants, China and India.
    • Overall global income inequality appears to be declining thanks in large part to two emerging market giants, China and India. PHOTO: AFP

    Andrew Hammond

    Published Wed, Nov 19, 2025 · 06:19 PM

    [SOUTH AFRICA] The political mood music around this year’s G20 has been mixed, not least with the Trump team’s decision to boycott the big leadership event on Saturday (Nov 22) and Sunday.

    However, the South African chairing of the global club has also secured some clear wins with an agenda of particular relevance for key emerging markets in Asia such as Indonesia, China and India.

    Some 42 countries have confirmed their attendance for the weekend’s big event in Johannesburg.

    G20Emerging marketsAsia-PacificGlobal economy

    TRENDING NOW

    Buntono is accused of possessing properties that, in part, represent his benefits from income tax evasion, including a Lamborghini Aventador similar to the one pictured.

    Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering

    Hong Kong youth no longer see a stable job and a lifetime of work as the only life goal – instead, they place greater emphasis on freedom and quality of life.

    Not in education, employment or training: Why more Hong Kong youths are opting out of work

    Koh Boon Hwee says humans have accepted that robots can take over the most repetitive, manual tasks, but are nervous about AI, which can also think.

    With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More