Yahoo! Philippines News - Latest Philippines News & International News Headlines: ADB sees developing Asia growing faster, warns of asset bubbles

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ADB sees developing Asia growing faster, warns of asset bubbles Apr 9th 2013, 01:29 MANILA, April 9 (Reuters) - Growth in developing Asia isseen gaining momentum this year, powered by rising domesticconsumption and intra-regional trade, but authorities need toward off risks of inflation and asset bubbles arising fromstrong capital inflows, the Asian Development Bank (ADB) said. Tensions over long-standing border disputes in Asia,deepening austerity fatigue in the euro zone and political riskslinked to wrangling over the U.S. ... Media files: 2013-04-02T102653Z_1743855025_GM1E9421F6Z01_RTRMADP_3_PHILIPPINES-ECONOMY.JPG (image/jpeg)

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