Asian Economies

India has enough forex reserves to weather Fed storm, says ADB

"Fears of a repeat of the 1997 Asian financial crisis are unwarranted," ADB said in a statement. "The region is now in a stronger position to weather the storm, with many economies running current account surpluses and holding large foreign reserve stockpiles."<br /><br />

Asian economies are 'decoupling', but here's why it's no good news

Quite unlike in the years following 2008, when emerging Asian economies propped up global economic growth, this time it's the developed world that keeps the engine ticking.