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KUALA LUMPUR: Carbon taxes imposed by other countries on Asia-Pacific’s exports could dampen the region’s trade activity, particularly in carbon-intensive products, according to Moody’s Investors Service in its latest report.
The economic rebound, fuelled in large part by China (A1 stable), masks a range of output losses across the region. KUALA LUMPUR: Moody’s Investors Service expects Asia-Pacific's economic activity likely will rebound strongly in 2021 and 2022 as compared with recent performance. In its report on Tuesday, it pointed out however, region's overall output will likely fall short of pre-pandemic forecasts by 2023 because of deep economic scars from the pandemic. The rating agency said Asia-Pacific likely will grow faster in 2021-22 than the Middle East & North Africa and Latin America, but perfor...
Emerging markets' quantitative easing programmes largely positive By IANS | 2 Views Moody's.. Image Source: IANS News New Delhi, April 14 : Moodys Investors Service has said in a new report that while the quantitative easing (QE) programmes launched by the central banks in the emerging markets are largely positive, the risks involved vary widely because of differing macroeconomic fundamentals. In the report, Moody's analysed 11 emerging markets where the central banks have embarked on the largest QE programmes -- India, Chile, Colombia, Croatia, Ghana, Hungary, Indonesia, the Philip...