Bank of Japan Expands Asset-Purchase Program

TOKYO—The Bank of Japan took additional monetary easing action as a drop in exports and output forced it to lower its economic outlook. It also issued a joint statement with the government stressing a commitment to fight deflation.

Asia stocks mixed ahead of BOJ meeting

BANGKOK (AP) — Asian stock markets were mixed Monday, with traders widely expecting the Bank of Japan to announce new measures to help the country break out of its deflationary slump.

India risks backlash hurrying through overdue welfare reform

BEELAHERI, India (Reuters) - India is shaking up the way it gets billions of welfare dollars to the poor with a plan that could one day reshape the economy and tackle graft keeping millions in poverty, but in one small town a pilot of the new system is proving unpopular.

Hong Kong to tax overseas property buyers in bid to cool market

HONG KONG: Hong Kong is to introduce new property cooling measures, including a new 15 percent tax on overseas buyers, to curb a rise in prices to increasingly unaffordable levels, Financial secretary John Tsang said on Friday.

Make Way for Southeast Asia’s Newest Boom Economy

Pop quiz: Which country is likely to have the fastest-growing economy in Southeast Asia this year?

Hong Kong weakens local currency again

Hong Kong's central bank has intervened in financial markets again, weakening the value of its currency after it jumped in value.

China's new government to help sustain BMW growth rates

MUNICH: BMW is counting on China's new leadership to inject enough fresh stimulus into the slowing economy to sustain double-digit growth in premium car sales, its finance chief told a news agency.

Vietnam's PM apologizes for economy woes but sees progress

HANOI (Reuters) - Vietnam's prime minister made a rare apology on Monday for problems gripping the economy and called for the ruling Communist Party to work with the country at large to implement reforms more quickly and ensure order in its finances.

Japanese exports to China fall amid territorial dispute

Japanese exports to China tumbled in September compared to the previous year, as a territorial dispute between the two countries weighed on the economy.

Asia stocks fall on US earnings disappointment

BANGKOK (AP) — Most Asian stock markets fell Friday following disappointing U.S. corporate earnings and uncertain progress from a European summit convened to hash out solutions to the region's debt crisis.

Japan PM Noda Seeks Stimulus Package

Japanese Prime Minister Yoshihiko Noda ordered his Cabinet to draft an economic stimulus package Wednesday, in a move likely to further antagonize the opposition, who see the measure as a time-buying strategy by Mr. Noda to avert an early snap election.

Asia stocks rise on US, China recovery signs

BANGKOK (AP) — Asian stock markets rose Thursday after an unexpectedly strong U.S. housing report renewed confidence in the world's biggest economy and the latest data from China suggested the worst of its slump is over.

Thailand Surprises With Rate Cut

BANGKOK—The Bank of Thailand cut its policy interest rate by a quarter of a percentage point in a surprise move Wednesday, making it the latest Asian central bank to ease policy as weakening demand from the West and China hits the region's export-oriented economies.

India Inflation at 10-Month High

NEW DELHI – Indian inflation rose to the highest level in 10 months in September, limiting the central bank's ability to cut rates to help support the slowing economy.

China inflation rate dips to 1.9% raising easing hopes

China's policymakers have been given more room to boost stimulus measures after the country's inflation rate dipped in September.

Emerging nations like China & Brazil impatient on stalled IMF reforms

TOKYO: Discontent simmered among fast-growing economies like China and Brazil which seek a bigger voice at the IMF as the last-resort lender wrapped up annual talks dominated by Europe's debt crisis.

China’s Banks Said to Resist Cutting Lending Rates

China’s biggest banks are resisting government pressure to lower borrowing costs amid an economic slowdown as they seek to maintain the profitability of their lending operations, officials at the top four lenders said.

World Bank's Indrawati urges end to China-Japan row

(Reuters) - The global stakes are too high for the territorial row between China and Japan to be allowed to escalate, World Bank Managing Director Sri Mulyani Indrawati said on Thursday, calling on their leaders to resolve the dispute.

South Korea Jobless Rate Holds Steady

GWACHEON, South Korea—South Korea's seasonally adjusted unemployment rate stayed at 3.1% for a third consecutive month in September, government data showed, amid expectations the central bank will lower its policy interest rate for a second time this year.

IMF cuts Japan growth forecast

TOKYO: The International Monetary Fund on Tuesday cut its forecast for Japan's growth this year and 2013, saying a slowdown in disaster reconstruction spending will weigh on the world's third-largest economy.

World Bank cuts Asia growth outlook for this year

BEIJING (AP) — The World Bank cut its growth forecast for Asia on Monday in a new sign of the impact of weakening global demand and warned China's cooling economy faces the risk of a "more pronounced slowdown."

Analysis: China slowdown could knock tech, materials earnings

NEW YORK (Reuters) - China was the world's turbocharged engine of growth for years, and U.S. technology, energy and industrial companies fattened their profit margins even if business struggled in other areas.

China Beating U.S. In VW Luxury Vehicles Market

For Germany’s Volkwswagen Group, China has now surpassed the U.S. in sales of the auto makers luxury models.

Vietnam Downgrade Adds Momentum to Clean Up State Loans: Economy

As Vietnam wins a yearlong battle to tame inflation and stabilize its currency, the spotlight is moving to the drag on growth from undercapitalized banks that have channeled credit to the nation’s state-owned companies.

ADB Cuts Growth Forecasts in Developing Asia

The Asian Development Bank on Wednesday slashed its forecasts for growth in emerging Asia, highlighting a significant slowdown in the region's giants, China and India, and warning of the potential for sudden flows in capital out of the area.

India to announce more reforms

India's government is due to announce more reforms to boost a slowing economy, reports say.

Japan Tankan survey shows business mood worsening

Japanese businesses sentiment worsened in the three months to September, a survey has indicated, underlining the weakness in the country's economy.

Exclusive: North Korea plans agriculture reforms - source

BEIJING (Reuters) - North Korea plans to allow farmers to keep more of their produce in an attempt to boost agricultural output, a source with close ties to Pyongyang and Beijing said, in a move that could boost supplies, help cap rising food prices and ease malnutrition.