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India’s painful double whammy grips more emerging markets

Bloomberg India may be experiencing the most glaring setback among emerging economies, but its double pain of slowing growth and surging inflation is spreading far and wide. While a debate rages over whether the latest data from India points to “stagflation,” a sixth successive quarter of economic deceleration and fifth consecutive jump in price growth are threatening “buy India,” one ...

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China tries to ease concern US trade deal hurts other nations

Bloomberg Chinese vice premier Han Zheng told the World Economic Forum (WEF) that the country’s trade deal with the US won’t hurt rival exporting nations as complaints mount from governments that were left out of the agreement. In the most high-profile remarks on the country’s economic policy since the accord was signed last week, Han said that its commitment to ...

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China will keep buying our palm oil: Malaysia

Bloomberg Malaysia is unlikely to suffer any loss in its palm oil business from China, despite Beijing pledging to boost soybean purchases from US amid the trade war, according to the Southeast Asian nation’s trade chief. “I don’t think so,” Malaysia’s Minister of International Trade and Industry Darell Leiking said on Wednesday in a Bloomberg Television interview with Haslinda Amin ...

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