Foreign investors have barely begun buying back beaten-down stocks in China, but there are growing signs that the end of the country s tough COVID-zero policy marks the beginning of a long global
Citibank has downgraded its 2022 forecast for Thai economic growth to 3.5%, from 3.6%, with next year's GDP predicted to expand by 4.5%, a fall from 4.8%.
Citibank recommends diversifying investments to handle market volatility and increasing interest rates when the global economy continues to face challenges, with ongoing inflation, pressure from oil prices, and supply chain imbalance.
By Tom Westbrook and Harish Sridharan SINGAPORE/BENGALURU (Reuters) - The Chinese yuan's recoil from a near four-year high has raised market nerves that a recent period of stability is ending, which could leave regional peers exposed especially as U.S. interest rates start to rise.