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1997 ASIA CRISIS
Biggest ever Super El Niño may be coming next month and it could be worse than the 1877 disaster that killed millions in India and ChinaForecasters warn a powerful Super El Niño, similar to the one causing the 1876-1878 famine, could develop in 2026. This event is linked to ...
As PM Modi calls for conserving FX, what steps can India take?India's Prime Minister Narendra Modi calls for conserving foreign exchange due to rising oil prices and a weakening rupee. The nation is ex...
Disciplined investing delivered good results for us: Navneet Munot, HDFC MF CEOHDFC MF’s Navneet Munot tells Sanket Dhanorkar and Kayezad E. Adajania how navigating crises has shaped investing discipline, risk manageme...
Mark Mobius, pioneer of emerging markets investing, dies at 89Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed op...
- How China's bold move in the 1990s changed Asia and the world forever
When the financial crisis swept across Asia, as currencies and stock markets tumbled, China took a decision that provided a crucial firewal...
Road rocky for India; not a repeat of 1997 Asia crisis: S&PAs emerging Asia struggles with exiting capital and market sell-downs, are we on the verge of another financial crisis in the region?
Asia, it’s time to face up to factsToday, exchange rates are more flexible, foreign-currency debt is lower, banks are healthier, countries are sitting on trillions of dollars...
Asia, Europe need more investment, job opportunitiesAsia and Europe need to create more investment and employment opportunities to combat economic troubles.
- ADB appoints Rahman as the director-general in South Asia unit
Multilateral lending agency Asian Development Bank has appointed S Hafeez Rahman of Bangladesh as the director-general of the bank's South ...
- East Asia sets up emergency $120 billion fund for crisis
Thirteen East and Southeast Asian countries agreed on Sunday to set up a $120 billion emergency fund for use in an economic downturn, the f...
- India's growth to slip to 5% in 2009: ADB
Asian Development Bank (ADB) said on Tuesday it predicted India's economic growth would be five per cent in 2009.
- Financial crisis may be more severe for emerging Asia: IIF
The current global financial turmoil may take a bigger toll on emerging Asia than the 1997-1998 regional crisis despite the region's enhanc...
- PM's men resist IMF influence
A section of key policy makers in India are strongly resisting attempts by the IMF to resume an active role in the country.
- Asia faces sharper slowdown next year: Morgan Stanley
Asia is staring at a much sharper slowdown next year than anticipated. Stocks 52 Week: High, Low | BSE Losers: A, B | NSE Losers | Only: Bu...
- ADB pledges to help Asian economies address market crisis
The Asian Development Bank (ADB) has said it would help Asian economies deal with the world financial crisis.
- Tables turned: Resilient Asia watches US in turmoil
Bailout is back as a buzzword 11 years after the Asian financial crisis, but this time the US is scrambling to rescue ailing banks. Biz Wee...
- Asia-Pacific's economy uncertain by subprime crisis
The economic outlook for the Asia-Pacific region is the most uncertain since the 1997-98 financial crisis because of a possible spillover f...
- Barclays Capital aims to double Asia revenue, staff
Barclays Capital, the investment arm of Britain's third-biggest bank, plans to double revenue and staff in Asia by 2013, putting its faith ...
- Hyundai to open plant in Thailand
Hyundai, South Korea's top automaker, said on Wednesday that it is setting up a production facility in Thailand, in its first investment he...
- Asia must trim reliance on exports: IMF
Asia must reduce its heavy reliance on exports and attract more foreign investment if it wants to sustain its robust turnaround after the 1...