Friday Asia Digest – IMF Confirms Asian CooldownIMF Leads “Muted Recovery” WeekIndonesia, Malaysia, the Philippines, Thailand and Vietnam, which together are known as the “Asean 5″, have had their growth forecasts slightly reduced by the IMF‘s latest report, published this week. This report reflects ongoing global concerns regarding shrinking growth in China – and particularly India, which is having it’s slowest year in just over a decade, as the Chicago Tribune reports this … [Read more...]