Asian Lender Says Trade Wars, Debt Adding To Financial Risks

NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Tue, 09/25/2018 - 7:14pm

BANGKOK (AP) — Trade conflicts, rising debt and the potential impact from rising interest rates in the U.S. will likely dampen growth in the coming year, the Asian Development Bank said Wednesday in an update of its regional economic outlook report. The Manila, Philippines-based regional lender said Wednesday that it expects economic growth to remain at a robust 6.0 percent in 2018 but to slip to 5.8 percent next year. It cited looming financial and trade shocks as the biggest sources of potential trouble.Read more on NewsOK.com

Topics: bangkok ap trade u.s asian development bank the manila philippines-based newsok lender debt financial economic regional potential rising wednesday year growth percent

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Asian Lender Says Trade Wars, Debt Adding To Financial Risks

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