Showing 1 - 10 of 11
Stuck in neutral
Asia focus, Published on 27/01/2020
» Amid ongoing uncertainties including trade tariffs and geopolitical tensions, global economic growth prospects look dim for 2020, partly due to a disappointing performance in major Asian economies.
'Sleeping elephant' awakens
Asia focus, Narendra Kaushik, Published on 20/08/2018
» Umesh Thakur says he has never had it so easy and comfortable. The 30-year-old lentil vendor in Greater Noida, 40 kilometres east of New Delhi, has more than doubled his profits, built a new house, opened a new shop and bought furniture, a deep-freezer and two high-end mobile phones in the last six months.
Money mess
Asia focus, Narendra Kaushik, Published on 05/12/2016
» Saurabh Goyal is facing the worst time of his life. The director of BD Green Homes, a New Delhi real estate company, he has not made a single property deal since the government launched its surprise demonetisation campaign.
Debating free trade and populist backlash
News, Published on 03/11/2016
» The benefits of free trade have been a cornerstone of economic thought for decades. Recently, though, trade agreements have become the target of a populist backlash, with opposition to trade deals emerging as a key issue in the US presidential race. At the same time, new research suggests that trade led to lower wages and higher unemployment for some Americans, particularly middle-class manufacturing workers. We asked Bloomberg View columnists Tyler Cowen and Noah Smith to meet online to debate the pros and cons of trade.
Graft is not good for China's growth
News, Tom Orlik, Published on 29/06/2016
» Some critics dismiss President Xi Jinping's massive anti-graft campaign as a political witch hunt directed at his enemies. Others have a different complaint: They argue that bribes and favours have historically served as the grease in the wheels of China's growth. By disrupting the traditional flow of business, they contend, Mr Xi's graft enforcers have brought the country's economic engine grinding to a halt.
Indonesia needs to shift to a new gear
Asia focus, Wanant Kerdchuen, Published on 04/01/2016
» Indonesia in 2016 could face another bumpy ride as economic reforms have yet to bear fruit. However, Finance Minister Bambang Brodjonegoro is confident that Southeast Asia's biggest economy has what it takes to take advantage of Asean economic integration.
Asian stocks mostly down
Published on 28/04/2015
» HONG KONG — Asian markets mostly fell Tuesday following losses on Wall Street, with Shanghai losing more than 1% a day after hitting a seven-year high.
Weekly business news quiz: October 21-25, 2013
Jon Fernquest, Published on 25/10/2013
» Check if you understand the issues and vocabulary in this week's most important business news stories.
IMF: Myanmar GDP to grow 6.75%
Published on 22/05/2013
» Myanmar's economy could grow by 6.75% this fiscal year, led by natural gas sales and investment as the country moves to modernise its financial system, according to the International Monetary Fund (IMF).
Najib to fight graft, seek UN seat
Bloomberg News, Published on 07/04/2013
» Malaysian Prime Minister Najib Razak pledged to fight corruption, boost public services and seek a non-permanent seat on the United Nations Security Council (UNSC) if his coalition retains power in elections due in a matter of weeks.