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ADB warns 'intensified' risks for developing Asia

ADB warns 'intensified' risks for developing Asia

Developing Asia faces "intensified" risks from China's troubled property sector and high interest rates around the world, the Asian Development Bank said Wednesday, as it trimmed its regional growth expectations.

Chinese e-commerce giants entice cautious consumers with steep mid-year discounts

Chinese e-commerce giants entice cautious consumers with steep mid-year discounts

China's e-commerce platforms are competing fiercely in the country's first major shopping festival after the pandemic, offering steep discounts to entice frugal consumers in more worrying signs for an economy struggling to build momentum.

Economic development in Asia still faces many challenges, China minister says

Economic development in Asia still faces many challenges, China minister says

Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China's commerce minister Wang Wentao said.

May 27, 2023 | 01:35 am PT

Four held after failed heist in swanky Tokyo district

Four held after failed heist in swanky Tokyo district

Four people were detained in Tokyo on Monday after they smashed their way into a luxury watch shop and stole items worth over $740,000, local media said.

May 8, 2023 | 05:52 pm PT

Asia likely to grow 5% faster than developed economies by year-end: Morgan Stanley

Asia likely to grow 5% faster than developed economies by year-end: Morgan Stanley

Asia's economic growth could outpace developed countries' by 5% by end-2023 driven by China's easing of Covid-19 curbs, strong domestic demand and interest rates staying in less-restrictive territory, said Morgan Stanley economists.

May 3, 2023 | 12:58 am PT

Vietnam: Asia's new economic 'poster child'

Vietnam: Asia's new economic 'poster child'

As 10 Southeast Asian nations are meeting in Vietnam for an economic forum, DW pays a visit to the fast-growing economy.

September 11, 2018 | 01:35 am PT

Vietnam’s stock market posts highest gain in Asia

Vietnam’s stock market posts highest gain in Asia

The benchmark VN-Index has risen 17 percent since the start of the year.

April 17, 2018 | 10:26 pm PT

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