News Snapshot:
- A + A KUALA LUMPUR (June 27): Growth in emerging East Asia’s local currency bond market slowed to 3.1% in the first three months of the year amid weakened financial conditions and global economic headwinds, according to the Asian Development Bank (ADB). Emerging East Asia includes Malaysia, China, Hong Kong, Indonesia, South Korea, the Philippines, Singapore, Thailand and Vietnam. According to the ADB’s latest issue of Asia Bond Monitor released on Monday (June 27), issuance fell 6.5% from the previous quarter, while rising inflationary pressure and tightening financial conditions pushed up bond yields in economies in the region. The...
