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Economy asian news

Arsenio Balisacan - Philippines cuts growth target for 2024, raises deficit ceilings - asia.nikkei.com - Philippines -  Manila

Philippines cuts growth target for 2024, raises deficit ceilings

MANILA (Reuters) -- The Philippines has lowered its target growth range for this year and also turned slightly less optimistic about next year's outlook due to high inflation and an anticipated slowdown in the global economy, its economic planning minister said on Thursday.

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Scott Foster - Asia Times staff - David P.Goldman - Diego Fassnacht - James Davis - Gold as a geopolitical risk hedge: A groundbreaking analysis - asiatimes.com - China - Russia -  Beijing -  Moscow - Ukraine -  Sanction - county Davis

Gold as a geopolitical risk hedge: A groundbreaking analysis

Subscribe nowfor access at a special price of only $99/year.

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Asian - Southeast Asian countries consider ways to boost ‘green financing’ as region chokes on smog - apnews.com - China - Philippines - Indonesia - Burma - Thailand - Malaysia - Brunei - Singapore - Cambodia - Vietnam -  Singapore - Laos

Southeast Asian countries consider ways to boost ‘green financing’ as region chokes on smog

LUANG PRABANG, Laos (AP) — Senior finance and central bank officials from Southeast Asia and major economies met Thursday in the scenic Laotian city of Luang Prabang to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disasters brought on by climate change.

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Narendra Modi - Are Modi’s economic policies benefitting all Indians? - aljazeera.com - Usa - India

Are Modi’s economic policies benefitting all Indians?

India is the world’s fifth-largest economy. The World Bank says the nation is leading growth in South Asia.

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Robert Holzmann - Jenni Reid - Reuters - Euro zone inflation unexpectedly slows to 2.4% in March, with core print also below forecast - cnbc.com - France - Germany - Eu - Austria - Spain

Euro zone inflation unexpectedly slows to 2.4% in March, with core print also below forecast

Inflation in the 20-nation euro zone eased to 2.4% in March, according to flash figures published by the European Union's statistics agency Wednesday, boosting expectations for interest rate cuts to begin in the summer.

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Jeff Cox - Raphael Bostic - Atlanta Fed President Bostic sees only one rate cut this year, occurring in the fourth quarter - cnbc.com -  Atlanta

Atlanta Fed President Bostic sees only one rate cut this year, occurring in the fourth quarter

Atlanta Federal Reserve President Raphael Bostic expressed concern Wednesday about the pace of inflation and indicated he doesn't think interest rate cuts should come until much later in the year.

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Stock market today: Global shares drop after Wall Street sinks on rate worries - apnews.com - Japan -  Tokyo - France - China - Hong Kong -  Shanghai - Britain - South Korea - Germany

Stock market today: Global shares drop after Wall Street sinks on rate worries

TOKYO (AP) — Global shares mostly declined Wednesday after Wall Street broke its record-breaking bull run with its worst day in weeks.

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Kim Jong - Bloomberg - Kim Il 51 (51) - Kim Jong-Un - How a modern-day Korean war may unfold – if Kim Jong-un follows through on his threats - scmp.com - China - Usa - South Korea - North Korea -  Seoul

How a modern-day Korean war may unfold – if Kim Jong-un follows through on his threats

While such bellicose rhetoric would normally be dismissed – Kim could just be posturing ahead of South Korean elections on April 10 – two prominent analysts set off a round of discussion among North Korea watchers with an article suggesting that this time Kim isn’t bluffing.

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