Taiwan Q2 GDP growth unexpectedly slumps to 3-yr low as demand from China cools

TAIPEI, July 31 (Reuters) - Taiwan's economic growth slowed more sharply than expected to a three-year low in the second quarter, hurt by a collapse in exports as a slowdown in major market China chilled demand for its line of key technology products.

14 countries are spiraling towards government debt crises

With its shuttered banks, furious public protests and iconoclastic politicians, the plight of Greece, brought to its knees by a crippling debt burden, has been gripping and heartbreaking in equal measure: a full-blown sovereign debt crisis on the doorstep of some of the wealthiest countries in the world.

Philippines growth slows sharply in first quarter

Growth in the Philippine economy slowed in the first quarter of the year to its weakest annual pace since 2011, official figures showed.

China's Very High Mountain of Debt

China's debt mountain is casting a shadow over the world's second-largest economy.Total debt has reached 282 percent of GDP, according to the McKinsey Global Institute.

Nepal can't rebuild without the world's help

Even before one of the country's major fault lines rumbled to life, Nepal was beset by challenges: An extremely weak economy, rampant corruption and a series of climbing accidents on Mount Everest, its signature tourist attraction.

PH economy slows down sharply in third quarter

The Philippine economy grew in the third quarter at its slowest pace in nearly three years due to weak public spending, putting at risk President Benigno S. Aquino III’s goal of boosting the nation’s annual expansion to a record by 2016.

Japanese recession figures prompt talk of snap election

Japan has unexpectedly sunk into recession in the third quarter, raising the prospect of a snap election as the country’s prime minister, Shinzo Abe, attempts to secure a mandate to breathe life into the world’s third biggest economy.

IMF says Singapore's foreign worker curbs could hurt competitiveness, growth

(Reuters) - Singapore's plans to cut reliance on foreign workers could reduce its competitiveness and growth potential while keeping core inflation elevated, the International Monetary Fund said in a report on Saturday.

India to revise GDP measurement next year, economy may be larger

(Reuters) - India will soon revise the way it measures gross domestic product to reflect under-represented and informal economic sectors, two government sources said, in an initiative that is expected to show the economy is larger than previously thought.

Japan posts strong growth ahead of sales tax rise

Japan's economy grew at the fastest pace in nearly three years in the first quarter due to increased spending ahead of a sales tax increase on 1 April.

Asia's Week: Push Is Coming to Economic Shove in China

Mass media were focused on Michelle Obama and family on their Chinese tour, but at the business desks this was a more dour week in China.

Japan Capex Up 4.0% During October-December

TOKYO--Capital investment spending by Japanese corporations increased by 4.0% from year-ago levels during the October- December quarter, a government survey used in the revision of gross domestic product figures showed Monday.

India gold tax hits bridal budgets; smuggling up

MUMBAI, India — With India’s wedding season in full swing, the glass sales counters in Mumbai’s famed Zhaveri gold bazaars are crowded with customers eyeing elaborate headpieces, nose rings and necklaces.

Economic fears expose Laos' unequal boom

VIENTIANE (Reuters) - For the Communists running Laos, the fruits of capitalism have never been so bountiful.

Asia's Week: China Still on (Economic) Flu Watch

While Asia basked another week in generally favorable economic winds–minus that little 7% stock squall in Japan in Thursday, whatever that was about–there remained an undercurrent of worry about China.

China 'ultra high-speed growth could be over'

China’s “ultra-high speed” economic growth, which many see as key to a global recovery, is probably over, according to the country’s president.

Singapore manufacturing PMI turns positive in March

SINGAPORE: Manufacturing activity in Singapore recovered in March as orders expanded, reversing from a slowdown in February, as the city-state's factories continued to post a choppy performance.

India's Stocks on the Rise, Economy to Accelerate: Two ETFs Get You There

In the five years through 2011 India’s economy delivered on its promise as an emerging growth bellwether, rising nearly 125%.

India Said to Mull Calendar for Share Sales Starting With NTPC

India’s government is considering selling shares in state companies at regular intervals based on a public calendar, two officials with knowledge of the proposal said, as the nation steps up efforts to pare its budget deficit.

Asia to spearhead next wave of African investment

ABIDJAN (Reuters) - The next wave of private investment in Africa is likely to come from Asian funds, lured by sustained high growth rates and increasing economic and political stability, according to the co-head of one of the continent's top private equity groups.