The Asian Development Bank (ADB) has revised down its growth projections for developing Asia and the Pacific. The 2025 GDP forecast has been cut to 4.7%, down from 4.9% projected in April, while the 2026 estimate has been lowered slightly to 4.6%. The report attributes the downgrade to a mix of rising trade uncertainty, geopolitical tensions, supply chain disruptions, elevated energy prices, and continued weakness in China’s property market. (Source: Reuters)