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Wednesday, August 5, 2026
TopicAsian economy

Topic: Asian economy

The giant sucking sound of US profits is leaving Asia dry

Asian economies are struggling to attract foreign capital as soaring US corporate profits and AI-led growth pull investment away, forcing policymakers to rethink growth strategies.

Asia’s virtual banks need oversight to guard data, India could offer model, BIS says

Along with Singapore, India may offer a model for creating a platform under central bank supervision that allows personal data sharing, with customer consent, says BIS.

How Sri Lanka debt tumbled from best to worst in Asia due to Covid

The island nation’s notes lost about 20% in October after dropping 15.5% in September, marking two straight months of the biggest losses in the region.

China is growing, but rest of Asian economy will take a while to recover, IMF says

In its latest assessment, IMF warned of significant downside risks and economic scarring as labor market participation falls with the most vulnerable likely to be the hardest hit.

On Camera

Why Modi blinked first in the student protest

Friends who would never be seen dead at a political event turned up at Jantar Mantar with their kids. Here's what broke the rules of dissent under Modi.

AI City, laptops, hostels, branded cycles: Vijay’s first budget gives old schemes a Gen Z makeover

Betting on generation that helped bring it to power, the Vijay govt unveiled an AI-led budget that turns on the charm with laptops, bicycles, skill training, hostels and youth welfare initiatives.

Indian drone start-up eyes export market with Shahed-Class KAL drone amid Gulf tensions

Three Indian companies are working on Shahed-like drones. Besides IG Defence, Bengaluru-based NewSpace Research and Technologies has developed the Sheshnaag-150, while Lucknow-based Hoverit has the Divyastra.

Modi govt response to Gen Z protest shows a rare vulnerability. It’s an opportunity for Opposition

The young people broke the self-imposed silence among the elite not to speak a word critical of the Modi government, except to whisper on the sidelines, looking left, right and behind.