Asia's financial system is little affected by the U.S. sub-prime mortgage problems that has triggered a global crisis, and the region overall will enjoy robust growth, the head of the Asian Development Bank said Thursday. "The impact on the financial sector in Asia is limited this time," ADB President Haruhiko Kuroda told a news conference in Tokyo. "We expect a fairly robust growth to continue, although we expect the growth rate would be smaller." Asian financial institutions had limited exposure to the risky mortgages at the core of the bad debt crisis in the U.S. and that "fortunately saved them from getting badly affected," Kuroda said. Still, Asia's economic growth will lose steam because of the slowdown in the U.S. and Europe, which are main export markets for Asia, he said. "Real economy is affected to some extent. But...
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