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Despite a rise in oil prices, East Asian economies will grow stronger than expected this year due to robust growth in the United States and Japan, higher domestic demand and buoyant regional trade, an Asian Development Bank think tank said Thursday.
Unemployment in Asia is set to rise as the modernisation of agriculture displaces farmers who will have to seek work elsewhere, threatening to cloud prospects for regional economic growth, the Asian Development Bank warned Friday.
THE hottest three-letter acronym (TLA) in the motoring industry in recent years has been SUV, coined by the Americans for their beloved Sports Utility Vehicles. Since nearly all major car makers thrive or dive according to their well-being in the US market, every marque just has to have an SUV, or several, in its line-up.