Asia overlooking risk of more US rate hikes

BlackRock Inc economist Wei Li has a brutal message for Asian policymakers and investors who are betting that the US Federal Reserve is done tightening: Get used to disappointment. “We don’t see rate cuts this year – that’s the old playbook when central banks would rush to rescue the economy as recession hit,” Li argues. […]Continue Reading

Myanmar junta dissolves Suu Kyi’s NLD party: State media

YANGON: Myanmar’s junta-stacked election commission announced on Tuesday (Mar 28) that Aung San Suu Kyi’s National League for Democracy Party would be dissolved for failing to re-register under a tough new military-drafted electoral law, state media said. The NLD, which Suu Kyi led to crushing victories over military-backed parties inContinue Reading