Asia Markets

Asia Braces for Financial Turbulence as Global Credit Stress and Iran War Ripple Across Markets

Some of those apparitions come from the shadows of the Global Financial Crisis, when collapsing credit markets in the United States sent shockwaves through the global economy. Others appear to echo the trauma of the Asian Financial Crisis, when Asia’s...
International Monetary Fund (IMF)

IMF Urges China to Shift From Export-Led Growth to Consumption-Driven Model Amid Global Trade Imbalances

As the International Monetary Fund (IMF) delivers its latest assessment of China’s economy, the world’s most prominent financial watchdog is grappling with a growing legitimacy crisis. Once viewed as the “lender of last resort” capable of stabilizing economies during global...