World Bank trims China, East Asia 2014-2016 growth forecasts

(Reuters) - The World Bank cut its 2014-2016 growth forecasts for developing East Asia, noting that China was likely to slow due to policies aimed at putting the economy on a more sustainable footing, and it also cautioned of capital-flight risks to Indonesia.

China Must Tolerate Some Volatility in Market Rates, PBOC Says

China’s central bank said reasonable volatility in money-market interest rates must be tolerated as it manages liquidity in the country’s financial system to rein in credit growth.

SE Asia Stocks-Firmer on global economy outlook; Fed meet eyed

Dec 17 (Reuters) - Southeast Asian markets rose on Tuesday, with most recovering from three-month lows, encouraged by upbeat data from the United States and the euro zone ahead of a crucial U.S. Federal Reserve meeting starting later in the day.

Asian Stocks Slump for Longest Weekly Losing Streak Since June

Asian stocks fell this week, with the benchmark measure capping its longest weekly losing streak since June, amid concern the U.S. Federal Reserve may soon decide the economy is strong enough to begin paring stimulus and as investors awaited a meeting of China’s leaders this weekend.

China’s Biggest Reserves Jump Since 2011 Shows Inflow

China’s foreign-exchange reserves rose last quarter by the most in more than two years, a sign the government’s efforts to protect growth attracted money even as developing nations from India to Indonesia saw capital exit.

India April-June Current-Account Gap Widens

MUMBAI--India's current-account deficit widened in the April-June period from a year earlier, as gold imports surged and merchandise exports fell in Asia's third-largest economy.

Analysis: Asia's great investor rotation flows to North from South

(Reuters) - Alongside the great rotation from bonds to equities and from emerging to developed markets that has been 2013's overriding investment theme, Asia is seeing its own migration in portfolio flows: from the South to North.

Economy to recover slowly as RBI defends rupee: Reuters Poll

BANGALORE (Reuters) - A recovery in developed markets later this year will boost India's flagging economy, but growth will be lacklustre at best as the RBI refrains from cutting interest rates in order to keep a battered rupee currency from falling further.

Japan business mood turns positive, BOJ may upgrade econ view

(Reuters) - Japanese manufacturers' sentiment turned positive in the three months to June for the first time in nearly two years, a closely-watched central bank survey showed, a sign the recent market turbulence has yet to hurt the feel-good mood created by the government's reflationary policies.

India’s Economic Recovery Seen Subdued as Risks Persist

India’s economy probably expanded less than 5 percent for a second quarter as political gridlock that threatens Prime Minister Manmohan Singh’s growth agenda tempered gains from farm output and lower interest rates.

Japan Abe aide: No need to revise Bank of Japan law if it meets expectations

(Reuters) - An aide to Japan's next Prime Minister Shinzo Abe said on Friday that there would be no need to revise the Bank of Japan law as long as the central bank met the party's expectations for a 2 percent inflation target and more aggressive monetary easing.

South Korea Boosts Stimulus by $5 Billion

GWACHEON, South Korea—South Korea announced a $5.23 billion stimulus package, the latest round of state support for Asia's fourth-largest economy, as it struggles with the global economic downturn.

World Stocks Rise on Hopes of US, China Stimulus

Stock markets rose Thursday on hopes that more help for the global economy is on the way, after minutes from the U.S. Federal Reserve showed policy makers favor further stimulus and poor manufacturing data out of China fueled speculation that Beijing will take more action to boost its economy.

Asia stocks ebb as Europe crisis clouds outlook

BANGKOK (AP) — Asian stock markets continued to ebb Wednesday amid fears Europe's debt crisis is about to get much worse and deal a new blow to the global economy.