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BUSINESS

Asia's century, China's year

Asia focus, Published on 30/12/2019

» Way back when 1999 was winding down, pundits were telling us that the Asian Century was about to dawn. That prediction has not yet been fully realised, but few would disagree that 2019 belonged to China. Over the past 12 months, the top headlines have been about the bruising trade war with America, defiant protests in Hong Kong against Beijing's tightening grip, and the rise of a surveillance state that is herding hundreds of thousands into "re-education" camps on its western fringes. Below, the Asia Focus team looks back on a busy and sometimes troubling 2019.

BUSINESS

Currencies slump, funds flee emerging markets

Business, Published on 08/09/2018

» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.