ADB

EghtesadOnline: The Asian Development Bank lowered its 2016 growth forecast for developing Asia on Monday, citing the slowing US economy and near-term shocks from Britain's decision to leave the European Union.

EghtesadOnline: The Asian Development Bank kept its growth estimates for developing Asia for this year and next at 5.7 percent, saying sustained expansion in China and India can steady the region but warned of risks from a looming U.S. interest rate hike.