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Vietnam’s economy is set to grow at 6.5 percent this year, well above the ASEAN average of 4.9 percent, as it shrugs off the impacts of Covid-19. It is the second-highest rate forecast by the International Monetary Fund for ASEAN-5 countries. The Philippines…
International Monetary Fund (IMF) Managing Director Christine Lagarde warned on Saturday that the increasing presence of technology giants using big data and artificial intelligence could cause a significant disruption to the world’s financial system. The…
The International Monetary Fund on Thursday welcomed Korea’s decision to regularly reveal its currency market intervention records. Korea’s Finance Ministry said it would disclose the records starting in March 2019 to help remove unnecessary misunderstandings…
Christine Lagarde, the managing director of the International Monetary Fund, said on Tuesday (27/02) the global economy was showing broad-based growth, but the landscape was shifting with heightened risks of trade disputes, monetary policy normalization and…
Asia has enjoyed substantial demographic dividends, but the growing number of elderly is set to create a ‘tax’ on growth. The International Monetary Fund called on Asian economies to learn from Japan’s experience and act early to cope with rapidly ageing…
China’s economy slowed in December, capping the weakest quarter of growth since the 2009 global recession, as the Communist leadership grapples with a transition to consumer-led expansion. Industrial production, retail sales and fixed-asset investment all…
On February 8th, China will celebrate the Year of the Monkey. The monkey is famously a smart, naughty, wily and vigilant animal, and anybody trying to make money in the rest of 2016 will have to learn how to outsmart the animal. A useful barometer of the…
Investors world-over fear that China could record another worse-than-expected slowdown this year. Over the past two decades, annual GDP growth in China has averaged around an impressive 10 percent, underpinned mostly by investments, as well as exports. The…
Using extreme measures, the Chinese regime eventually managed to stabilize the stock market crash that started in mid-June, during which both the Shanghai and Shenzhen stock market indices fell more than 30 percent in three weeks. While many retail investors…
