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Japan economy facing more downside risks than year ago

Bloomberg Downside risks to Japan’s economy have increased in the past year and more work will be needed to sustain the recovery, the International Monetary Fund (IMF) said after its annual consultation with the Japanese government. Near-term risks include weaker global demand from trade or geopolitical tensions, which could undermine growth and trigger a strengthening of the yen, as well ...

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Asian cities challenge American dominance in venture capital

Bloomberg The US is losing its edge as the world’s foremost destination for venture capital investment, a new study shows, with US startups capturing a rapidly declining share of global dollars invested, and Chinese companies grabbing more of the total. Because startups play a critical role in economic dynamism, the study bodes well for the global economy as a whole, ...

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World Bank warns of debt rollover risk in Indonesia, Thailand

Bloomberg Any increase in capital outflows could make it more difficult for companies and governments to refinance foreign debt in developing East Asia, with Indonesia and Thailand most at risk, says the World Bank. Outflows pose “potentially disruptive implications for business operations and solvency on the corporate side, and for deficit financing and debt sustainability on the sovereign side,” the ...

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