Asian Development Bank

In the aftermath of the Philippines flood,s 1,000 are dead and many more still missing

Asian stocks declined for the first time in a week, after credit ratings agency Standard & Poor (S&P) placed 15 Euro nations on review, for a possible downgrade.

The flooding in Thailand highlights an even larger problem facing the nation: Bangkok is sinking.

The Philippines is seeking to turn around its economy from decades of subpar performance.

China is considering a proposal to set up a regional bank to help its small and medium enterprises invest in Southeast Asian neighbors, fund infrastructure projects and promote development in southwestern China, two independent sources said.

U.S. businesses should support the role of multilateral development banks in trying to bolster global growth because their efforts help boost export markets, U.S. Treasury Secretary Timothy Geithner said on Tuesday.

The Asian Development Bank trimmed most of its 2011 and 2012 growth forecasts for the region while noting that Asia's emerging economies are showing resilience in the face of the darkening global environment.

Asia needs to work to ensure the potential of its economic and political rise is realized, including fulfilling its responsibilities as a global player, the Asian Development Bank said ahead of its annual meeting next week in Vietnam.

Full Text: Indian finance minister's budget speech

Governments in the Asia-Pacific region face the risk of unprecedented numbers of people displaced by floods, storms and other impacts of climate change, the Asian Development Bank (ADB) said in a report on Monday.

Economic growth in China is expected to slow next year as the nation accelerates tightening monetary policies, said a report on Friday.

Chinese officials expect the country's exports to slow next year and trade surplus to narrow as the government comes under pressure to increase its imports.

Apple’s iPhone has been widening US trade deficit with China even though it is entirely designed and owned by an American company, says a study.

The Asian Development Bank (ADB) is concerned about the fiscal health of several Pacific Island countries.

Emerging East Asian economies will grow more than forecast this year but growth will slow in the region next year, the Asian Development Bank (ADB) said on Tuesday.

The East Asian bond market, especially corporate bonds, continues to expand and draw strong demand from return-starved Western investors.

The People's Republic of China (PRC) is set to grow at an annual average rate of 8 percent for many years to come, but the country needs to carry out broad structural reforms to ensure that prosperity is shared by all, a leading PRC investment official said on Friday.

The Asian Development Bank launched a $9 billion solar power initiative to develop projects generating 3,000 megawatts by 2012. The announcement, which came at the regional lending agency's annual meeting in Tashkent, Uzbekistan, said that Central Asian countries would be prime candidates for siting the projects.

A more flexible yuan will help balance the Chinese economy, but Beijing alone must decide on when and how to adjust its currency policy, the head of the Asian Development Bank (ADB) said on Saturday.

Beijing will retaliate if the United States declares China a currency manipulator and imposes trade sanctions, Commerce Minister Chen Deming said on Sunday, firing the latest salvo in a spat over the value of the yuan.

The Asian Development Bank (ADB) said on Wednesday it will up its investment in clean energy to $2 billion a year from 2013 to significantly dampen carbon growth and cut greenhouse gas emissions in the region.

The global downturn could lead to unrest, more poverty and environmental challenges in Asia, regional leaders were warned on Monday, after they agreed on a $120 billion emergency fund to counter the crisis.

The Asian Development Bank launched its annual meeting with donors on Monday, a day after the region announced its first independent liquidity facility, a $120 billion fund to counter the economic crisis.

Thirteen East and Southeast Asian countries agreed Sunday to set up an emergency $120 billion fund to provide liquidity to any of them in need of help during the economic downturn.

Thirteen East and Southeast Asian countries are expected to endorse on Sunday an emergency $120 billion liquidity fund that the three largest of them finalized hours earlier to counter the economic downturn.

Japan, China and South Korea finalized details of an emergency $120 billion liquidity fund for 13 Asian nations on Sunday, a key regional initiative to counter the global economic downturn.

The Asian Development Bank (ADB) has urged Bangladesh to consider the economic benefits of the $ 3 billion investment proposal by India's Tata Group, instead of putting it off due to political expediency.