The World Bank says weak demand has hit Asian economies

Growth in the developing economies of East Asia is moderating because of weakening external demand, said the World Bank in a report.

Rising prices have hurt East Asia's growth, says report

Rising consumer prices have hurt growth in emerging East Asian economies, the Asian Development Bank (ADB) has said.

Annual growth in the region's ten largest economies moderated to 8.1%, in the first quarter of 2011, down from 8.4% in the previous three months.