Asia Economy

U.S.-China relations are going downhill with ‘no trust’ on either side, Stephen Roach says

Relations between the U.S. and China are on a “dangerous” path with “no trust” on either side, political observers told…

Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead

Asia-Pacific’s private equity market plummeted last year — as investors’ appetite for risk fell in the face of inflation and…

Asia’s regulators say banking system is robust and stable after UBS-Credit Suisse takeover deal

Regulators in Asia issued reassuring statements Monday that their banking systems remained robust and stable after Swiss banking giant UBS…

OECD says global economic outlook ‘slightly better’ for 2023 but inflation risks linger

OECD Secretary-General Mathias Cormann said the global economic outlook is “slightly brighter” this year but inflation challenges remain. “The outlook…