fiscal stimulus

Asian policymakers will increase indirect taxes and focus on more effective revenue collection, according to Ernst & Young.

Market watchers concur that inflation in China was up significantly in January this year, a trend that hasn't been seen since 2008.

Analysts are taking note of Korea's increasingly strong economic performance amid the global gloom.

Professor Joseph Stiglitz opens the Credit Suisse conference by warning that the world can no longer rely on the US consumer, cautioning against weak policy responses and signalling a decline of the US dollar.

Fiscal stimulus and interest rate cuts are sowing the seeds of recovery, but the private sector has to respond to make it sustainable, says Frederic Neumann, senior Asia economist at HSBC Global Research.