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Saturday, May 28, 2022

Asian economy

ASIAN ECONOMY NEWS

India to overtake Japan as Asia's second largest economy by 2030: Report

January 07, 2022 4:34 pm

Currently, India is the sixth-largest economy in the world, behind the US, China, Japan, Germany and the United Kingdom.

South Korean economy joins China in surpassing pre-pandemic peak

April 27, 2021 3:09 pm

Gross domestic product grew 1.6% during January-March from the previous quarter, the Bank of Korea said Tuesday, easily beating economists’ consensus for a 1.1% expansion. That pushed GDP above the level at the end of 2019, before the coronavirus hammered activity.

China's economy set to overtake US earlier due to covid fallout

December 26, 2020 11:50 am

World Economic League Table, the consultancy also calculated that China could become a high-income economy as soon as 2023.

Here's how coronavirus is likely to impact the global economy

February 18, 2020 6:39 pm

We look at various sectors which are likely to take a hit due to ongoing coronavirus disease.

Raghuram Rajan believes India will overtake China's economy eventually

January 22, 2019 9:43 pm

Rajan was addressing a session on Strategic Outlook for South Asia during which he shared his observation, further claiming that the Indian economy would continue to grow while the growth rate in China is decelerating.

US-China trade battle shows deepening economic impact across Asia

November 01, 2018 9:19 am

"The real economic shock is yet to come."

Oil falls as Asia economies slow, prospect of crude output cut dims

February 01, 2016 9:23 am

Front-month Brent crude was trading at $35.55 per barrel at 0047 GMT, down 44 cents or over 1.2 percent from the last close.

Indian economy to face challenges in 2014: Standard Chartered

December 04, 2013 2:50 pm

World economic growth is expected after a pick-up in economic activity in the US & Europe.

Asia recovering; but challenges ahead: IMF

October 29, 2009 12:29 pm

Economic recovery in Asia is faster than the rest of the world says the IMF.

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