Asia Chip Stocks Fall
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Last October, Hong Kong’s highest-ranking financial minister trooped to Riyadh, Saudi Arabia’s capital city and the home of the Tadawul, its stock exchange. Surrounded by Saudi officials, Paul Chan pressed a button to launch the Middle East’s largest ...
Not so long ago, trade between the Gulf region and Asia was a fairly simple affair. Energy in the form of oil and gas flowed east, and to pay for it all, capital flowed west. But in recent years, simplicity has given way to complexity and to greater flows ...
Across the Middle East and Central Asia, the combined effects of global headwinds, domestic challenges, and geopolitical risks weigh on economic momentum, and the outlook is highly uncertain. Growth is set to slow this year in the Middle East and North ...