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India's second Covid wave may derail a strong recovery in the economy and credit conditions, S&P Global Ratings said on Wednesday.
The reflation trade that is lifting US yields will not hit Asian emerging markets' financial conditions and growth outlook as much as during the taper tantrum of 2013, S&P Global Ratings said on Wednesday.
Asia Pacific is managing the pandemic well but the health and economic effects have been far tamer in the region than elsewhere in the world, S&P Global Ratings said on Thursday.
Normalisation from Covid-19 economic disruption is expected to take longer in India, Japan, Australia and most of southeast Asia, according to a new report by S&P Global Ratings titled 'Asia Pacific's Recovery: The Hard Work Begins.'
Fresh clusters of COVID-19 cases coupled with massive flooding may impede China's recovery from the pandemic as consumption and construction are likely to be hit, reports South China Morning Post.
New Delhi, June 27 S&P Global Ratings said on Friday that the Indian economy is in deep trouble ...