Asian Economy
US volatility reminded India of need to integrate with Asia: Erik Berglof
Lot of green mobility possibilities if there is more openness to Chinese tech
 "US volatility reminded India of need to integrate with Asia: Erik Berglof")
Trump's new tariffs shake Asian economies still reeling from trade war
On Thursday, Trump announced another round of tariffs, which would go into effect on Oct 1, applying import duties ranging from 25 percent to 100 percent on pharmaceuticals, heavy trucks, etc
 "Trump's new tariffs shake Asian economies still reeling from trade war")
'Asia must open up': ADB president says world won't return to pre-Trump era
Asian Development Bank (ADB) President Masato Kanda urges regional reform and integration, announces $10 bn each for Asean power grid and India's metro projects
 "'Asia must open up': ADB president says world won't return to pre-Trump era")
US tariffs to significantly hit Asia, says ADB, urging regional cooperation
The multilateral institution suggested countries in the region cooperate and engage in more trade between themselves, a trend that is already underway in Asia
 "US tariffs to significantly hit Asia, says ADB, urging regional cooperation")
Steel, pharma, chemicals: Top Indian sectors at risk of higher US tariffs
Countries that have free trade agreements with the US, such as Singapore and South Korea, are safer with respect to Trump's reciprocal tariff threat, analysts at Nomura said.
 "Steel, pharma, chemicals: Top Indian sectors at risk of higher US tariffs")
Asian stocks rise to record highs on Wall Street; euro, yuan slump behind
The dollar received some support overnight from better-than-expected U.S. manufacturing data, which also showed a mitigation in price increases
 "Asian stocks rise to record highs on Wall Street; euro, yuan slump behind")
Where next for Asian economies? Clearsighted reforms key for durable growth
In the case of India, this transition of employment has been relatively slow: the share of agricultural employment is higher and has been slower to fall than in many emerging economies
 "Where next for Asian economies? Clearsighted reforms key for durable growth")
Sri Lanka's new president faces uphill battle to revive debt-ridden economy
Sri Lanka's new president faces uphill battle to revive debt-ridden economy
 "Sri Lanka's new president faces uphill battle to revive debt-ridden economy")
Yen rises over 0.5% as carry trades unwind, risk sentiment takes a hit
The yen rose more than 0.5 per cent to an intraday high of 152.835 per dollar, its strongest in 2-1/2-months
 "Yen rises over 0.5% as carry trades unwind, risk sentiment takes a hit")
Asia stocks dip as geopolitical uncertainty adds headwinds fro investors
MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.1 per cent and was headed for its worst week in over a month with a 2.4 per cent loss
 "Asia stocks dip as geopolitical uncertainty adds headwinds fro investors")
Asian shares fall as investors ponder US-China equation post Trump win
Markets have now fully priced in a quarter-point rate cut from the Fed in September, with a total easing of 68 basis points expected by the end of the year
China's central bank tweaks liquidity ops amid strong bond demand
China's 30-year government bond yield rose 2.5 basis points (bps) following the PBOC statement, while 10-year yields were up around two basis points
 "China's central bank tweaks liquidity ops amid strong bond demand")
Japan May household spending falls, high prices squeeze purchasing power
Consumption is among key factors the Bank of Japan (BOJ) is scrutinising to gauge the strength of Japan's economy and decide how soon to raise interest rates
 "Japan May household spending falls, high prices squeeze purchasing power")
Asia stocks stutter as investors ponder US rates outlook, euro gains
US stocks on Friday ended lower after an early rally fizzled
 "Asia stocks stutter as investors ponder US rates outlook, euro gains")
Sri Lanka likely to sign bilateral debt agreements: Foreign minister
The South Asian island nation defaulted on its foreign debt in May 2022 after its economy was driven to the brink by a severe fall in foreign exchange reserves
 "Sri Lanka likely to sign bilateral debt agreements: Foreign minister")
Asia shares touch two-year top buoyed by China's property boost plans
Late last week, partly in response to some policymakers' comments, global bonds retraced a rally that had followed an encouraging fall in US CPI data
 "Asia shares touch two-year top buoyed by China's property boost plans")
BOJ may face more pressure to hike rates amid declining consumer spending
The yen has depreciated by roughly 10% against the dollar so far this year despite the BOJ's decision in March to end eight years of negative rates
 "BOJ may face more pressure to hike rates amid declining consumer spending")
Asian shares hit 15-mth high ahead of highly anticipated US inflation data
MSCI's broadest index of Asia-Pacific shares outside Japan climbed slightly and hit its highest since early 2023
 "Asian shares hit 15-mth high ahead of highly anticipated US inflation data")
Asian shares stabilise after solid China trade data, yen steadies
Chinese shares see earlier gains, with bluechip stocks rising 1 per cent and Hong Kong's Hang Seng index increasing 1.2 per cent
Asian shares at 15-mth high on rate cut bets; RBA seen turning hawkish
Japan's Nikkei gained 1.3% and S&P 500 futures were steady after the cash index logged a 1 per cent rise overnight
 "Asian shares at 15-mth high on rate cut bets; RBA seen turning hawkish")
