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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

Srinagar’s cinemas may have gone dark. Kashmir’s love for films never did

It seemed like J&K's battered past had taken a backseat, even if it was for the four days of the international film festival.

Global funds sour on India stocks as some cut allocation to zero

Weak corporate earnings and the lack of an AI investment theme are prompting global investors to cut India exposure.

‘Society as battlefield’: NATO cites Indian military paper on cognitive warfare. What it says

In a seminal work, former military officers Lt. Gen. D.S. Hooda & Lt. Col. Pavithran Rajan put forth a framework to approach cognitive warfare, called Socio-Technical-Cognitive Battlespace.

The real BRICS story is what China, Russia want & India wishes

India, China and Russia share more contradictions than congruence. Each has a different worldview, as also a different adversary. The rude fact is that BRICS is the most irrelevant of all such groupings.