- Global economic indicators show central banks diverging on monetary policy, while conflict outlook impacts energy prices and currency carries.
- Asian Development Bank addresses economic fallout resulting from conflict in West Asia.
ADB acquired a 9% stake in CAG's parent company while West Asia conflicts caused investment process delays.
1 report, 1 independent
Updated Jul 8
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What happened
ADB acquired a 9% stake in CAG's parent company while West Asia conflicts caused investment process delays.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Asian Development Bank
regional development bank
- The Asian Development Bank has lifted its growth outlook for developing Asia and maintained its forecast for China at 4.6%, noting energy costs from the Middle East conflict.
- The Philippines is seeking international financial support from the World Bank and Asian Development Bank for its budget needs.
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West Asia
western region of Asia