Tag Archives: East Asia

Back in March this year the Asian Development Bank (ADB) produced a report showing how fast the local currency (LCY) bond markets were developing across Asia. By the end of 2012 East Asia’s LCY bond market had reached $6.5 trillion, with the corporate sector bond market growing from 4.2% by value, quarter over quarter, in the third quarter of 2012, …

GREATER NOIDA, INDIA – Asia-Pacific finance chiefs vowed to work together to further local growth during the Asian Development Bank’s annual meeting, but acute friction among the region’s three largest economies — China, Japan and South Korea — cast a shadow over this ambition. With no signs of its ties improving with Beijing and Seoul, Tokyo sought to use the ADB …