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Asia's Fastest Spender, India Exports, Goldman on Hikes: Eco Day
Asia's Fastest Spender, India Exports, Goldman on Hikes: Eco Day
26 Nov 2018, 02:34 PM IST
(Bloomberg) -- Welcome to Monday, Asia. Here’s the latest news from Bloomberg Economics:
- India will focus on boosting its exports to the U.S. and other global markets as Chinese shipments become unattractive amid a trade war between the world’s biggest economies -- even as China seeks to sweeten its ties with India
- The Philippines is boosting spending the most among governments in Asia, shielding the economy from global trade tensions and an emerging-market rout, but also straining the nation’s budget deficit
- Theresa May staked her authority on a campaign to persuade Parliament against the odds to endorse her Brexit deal, as she refused to rule out quitting as U.K. prime minister if she fails
- See how Indonesia’s tax windfall is helping curb the budget deficit
- Italy’s Deputy Premier Matteo Salvini signaled a new openness to change the budget deficit target for next year
- How would markets respond to surprise rate hikes from the Federal Reserve? Goldman Sachs has some answers
To contact the reporter on this story: Chris Bourke in Sydney at cbourke4@bloomberg.net
To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Matthew Brockett
©2018 Bloomberg L.P.
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