India Must Bring Down Inflation to Spur Growth, Subramanian Says

India must curb inflation and the budget deficit to revive economic growth from near a decade low, Chief Economic Adviser Arvind Subramanian said.

Singapore Bears Retreat as ETFs Win Flow: Southeast Asia

Money managers are turning bullish on Singapore after shunning it for more than a year as political stability and cheap equity valuations push the city-state to the top of a Morgan Stanley market ranking.

China $3 trillion local government debt stirs alarm

BEIJING: Calls for China to accelerate financial reforms grew louder on Monday after figures showed its indebted local governments owe nearly $3 trillion in a debt build-up that some analysts called alarming.

Japanese stocks down after growth disappoints

BANGKOK (AP) -- Slower-than-expected economic growth weighed on Japan's stock market Monday but gains were posted elsewhere in Asia following signs that China's economy may be picking up.