On a single day, two of Asia’s central banks moved in opposite directions. The Philippines raised rates hard while China held its at record lows.
One is fighting fast-rising prices, the other a weak economy. The region’s banks are no longer moving together.
Today’s Asia Intelligence Brief covers the region’s finance, markets, economy, and politics. We pulled it together from Japanese, Chinese, Korean, Hindi, Bahasa Indonesia, Vietnamese, and English sources.
The Philippines — A Jumbo Hike
A Big Move
