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Asia to shrink trade focus as protectionism rises

Lima / AFP Fast-growing Asia-Pacific economies will strike more trade deals among themselves as opposition grows in Europe and the US to globalization, analysts say, warning the West will lose out as the dynamic region powers ahead. The most high-profile victim of recent protectionist sentiments has been a major US-led trans-Pacific deal, which is as good as dead after the ...

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Asia-Pacific leaders vow to defend free trade

  Bloomberg Asia-Pacific leaders are expected to send a strong message in defense of free trade on Sunday as they wrap up a summit that has been overshadowed by US President-elect Donald Trump’s protectionism. The broad consensus at the Asia-Pacific Economic Cooperation (APEC) summit, which features some of the world’s most powerful leaders on both sides of the Pacific, is ...

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Aussie mortgage bonds missing in action as cheaper funds beckon

  Bloomberg Home-loan providers in Australia are selling mortgage bonds at the slowest pace in four years, flocking instead to cheaper debt that doesn’t require collateral. Just A$14.8 billion ($11 billion) of new residential mortgage-backed securities have been issued so far in 2016 by banks and other housing lenders, 36 percent less than at this stage last year, data compiled ...

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