Struggling coalition leaves Indian economy in the doldrums

It didn't go unnoticed that the best news for the beleaguered Indian economy last week came not from the markets but the Gods via the weatherman.

S.Korea's economy grows at fastest pace for year

South Korea's economy grew at the fastest pace for a year on a quarterly basis in January-March thanks partly to strong industrial output, according to the central bank.

Buyers of US beef keep importing after mad cow case

(Reuters) - Major markets for U.S. beef from Canada to Japan stayed open to imports on Wednesday after the first U.S. discovery of mad cow disease in six years on assurances that rigorous surveillance had safeguarded the food system.

Exclusive: Bank of Japan likely to ease, may buy longer-dated government bonds

(Reuters) - The Bank of Japan is likely to ease monetary policy on Friday by boosting asset purchases by up to 10 trillion yen ($123 billion) and in doing so may extend the maturity of government bonds it targets to around three years, according to sources familiar with the central bank's thinking.

China manufacturing on the mend, HSBC survey shows

China's manufacturing activity slowed less quickly in April than the previous month, a preliminary HSBC survey has showed.

India's Reliance sees quarterly profits drop 21%

Reliance Industries, India's largest private company, has reported a second consecutive quarter of falling profits.

Japan trade deficit hits record high

Japan has reported its biggest fiscal year trade deficit ever, a contrast from decades of surpluses on booming exports, as the nuclear crisis brought about by the March 2011 tsunami boosted oil and gas imports.

Asia stocks rise on Japan hopes, Europe retreats

BANGKOK (AP) — Asian stocks catapulted higher Wednesday amid speculation Japan might take new measures to spur its economy, but European shares scaled back a day after posting strong gains.

China increases its US debt holding for second month

China has increased its holding of US debt for the second month in a row as its foreign exchange reserves continue to rise.

India, Pakistan agree to open more trade routes

Just a day after opening a new integrated check post at the Attari border, India and Pakistan on Saturday said the countries were exploring the possibilities of opening more routes to deepen economic engagements.

China moves on currency after growing US pressure

The People’s Bank of China said that from Monday it will double the trading band, so that the yuan can fluctuate by 1pc every day from a mid-point, compared with its previous limit of 0.5pc.

India February industrial output slows to 4.1%

India said on Thursday that industrial output grew a worse-than-expected 4.1 percent year-on-year in February, as sluggish manufacturing and weakening exports drag on the economy.

Indonesia ratifies convention on migrant workers

JAKARTA: Indonesia's parliament ratified on Thursday a UN convention on the protection of migrant workers in a move that will offer greater rights to millions of Indonesians working abroad.

World Bank cuts China growth forecast to 8.2pc

The World Bank cut its forecast for growth in China this year to 8.2pc on Thursday from 8.4pc previously, reinforcing the view that the world's second largest economy is set for its slowest annual growth in a decade.

Asia's rapid growth fuelling inequality, the ADB warns

Asia's rapid economic growth may undermine stability because the gap between the rich and poor is widening, the Asia Development Bank has warned.

China still a growing country with imbalanced development: Le Yucheng

BEIJING: Playing down its growing clout in the backdrop of its rapid economic development, China today said it was unable to take on more global responsibilities and "fully play the role of a major country".

Japan sets new safety standards for nuclear plants

TOKYO: The Japanese government approved new safety guidelines for nuclear power plants on Friday in a bid to restart reactors idled after the Fukushima disaster last year.

Japan to hold talks with China on IMF contributions

(Reuters) - Japanese Finance Minister Jun Azumi said on Saturday Japan would hold high-level talks with China over contributions to the International Monetary Fund to help ease the euro zone debt crisis ahead of a G20 finance leaders' meeting in Washington.

Asia shares down as economy fears hurt global stocks

Asian shares have declined after fresh fears over the health of the US and European economies resulted in a sell-off in global markets.

Japan Survey Finds Businesses Unexpectedly Pessimistic

TOKYO — Japanese business sentiment failed to improve as expected in the first quarter and is expected to remain muted in coming months, a survey by the central bank showed Monday, suggesting that the bank will remain under pressure to deliver more stimulus.

Singapore's DBS eyes Indonesia with $7.3 bln bank purchase

Singapore's DBS Group Holdings on Monday announced plans to buy Indonesia's PT Bank Danamon for Sg$9.1 billion ($7.3 billion) to ramp up its business in Southeast Asia's biggest economy.

China says manufacturing expands

NEW YORK (CNNMoney) -- China watchers got a mixed view this weekend of the country's all-important manufacturing sector.

Japan Tankan Stagnates With Yen Seen as Threat: Economy

Sentiment among Japan’s largest manufacturers failed to improve in March as executives predicted the yen will rebound against the dollar, hurting exporters’ sales and profits.

China rejects Obama's push to punish countries importing Iranian oil, SKorea seeks agreement

BEIJING, China - China rejected President Barack Obama's decision to move forward with plans for sanctions on countries buying oil from Iran, saying Saturday that Washington had no right to unilaterally punish other nations.