Hong Kong: Growing economic confidence lifted Asian markets from the day’s lows with most bourses finishing in positive territory on Friday although investors remain cautious because of US-China tensions. China reported its total social financing picked up momentum in August, faster than market expectations and driven by soaring local government special-bond issuance. The faster rise reflected […]
Author Archives: Umesh Desai
Umesh Desai is Asia Times Finance Editor. Prior to his current role he was at Reuters for 19 years before which he was a credit ratings and equity research analyst. A chartered accountant by training, he is based in Hong Kong.
