G3 to buoy emerging Asia – ADB

Countries in developing Asia will see firmer growth against a backdrop of an improving external environment through 2015 as the recovering G3 economies—the United States, Japan, and the eurozone—gain traction, Manila-based lender Asian Development Bank (ADB) said.

In its latest “Asian Economic Integration Monitor,” the ADB said that financial markets in the G3 economies remain relatively bullish as the US recovery matures. The eurozone may be showing limited economic recovery, but Japan’s near-term economic conditions remain positive.