The milestone launching of the ASEAN Economic Community (AEC) gives South-East Asian nations the opportunity to take the region to the next level of development, though there are significant challenges ahead, according to the Co-Chairs of the 24th World Economic Forum on East Asia, held in Jakarta, Indonesia, April 19-21, 2015. The AEC creates a […]
Bank lending conditions in emerging economies tightened abruptly to their weakest level in three years in the first quarter of 2015, according to the latest Emerging Markets Bank Lending Conditions Survey from the Institute of International Finance (IIF). "The sharp tightening of EM bank lending conditions is further evidence that emerging market economies are struggling," […]
Annual consumer price inflation across the Eurozone climbed up to zero in April 2015 after four months of consecutive declines, Eurostat has announced. However, there is still much to do. Even at zero, the rate of inflation remains well below the European Central Bank's (ECB) target of at or below 2%, with the weak performance […]
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