Japan's industrial output unexpectedly fell in February, due to lower overseas demand for cars and electronic goods, official figures have shown.
Saturday, March 31, 2012
Friday, March 30, 2012
Trial begins for Vietnam ship scandal executives
Former top officials accused of bringing one of Vietnam's largest state-owned companies to the brink of bankruptcy have gone on trial for violating regulations.
Thursday, March 29, 2012
Chinese companies asked to import more from India
NEW DELHI: Ahead of a meeting between Prime Minister Manmohan Singh and Chinese President Hu Jintao, China Wednesday allayed India's apprehensions over the widening trade deficit and stressed that Beijing is encouraging Chinese companies to import more from India.
Wednesday, March 28, 2012
China Official Warns Of Tough Months Ahead For Exporters
The export capital of the world is in for a long, slow slog thanks to weak trading partners in Europe and creeping protectionism in good ole free market America.
Tuesday, March 27, 2012
Opportunities in Asia
Charlotte Wun, chief investment officer for Asia at RBC Wealth Management in Hong Kong, gives her perspective on current market conditions and investment opportunities.
Saturday, March 24, 2012
Japan posts surprise trade surplus in February
Japan posted a surprise trade surplus in February, after a record high deficit the previous month, as external demand picked up.
Friday, March 23, 2012
Investors eye China services as the next big thing
HONG KONG: As Chinese leaders encourage the country's 1.3 billion people to open their wallets to boost domestic demand, hotel chains, supermarkets and other service providers offer investors a fresh tilt at the country's growth story.
Thursday, March 22, 2012
Export Orders in Asia Bode Well for Growth
HONG KONG—Early signs of a rebound in trade in Asia are brightening prospects for the region's export-dependent economies and are evidence that stronger U.S. demand is filtering through to help global growth.
Wednesday, March 21, 2012
China raises fuel prices for second time in a month
China has raised the price of petrol by about 6% and diesel about 7% for the second time in 2012, as it struggles with the rising cost of crude oil.
Tuesday, March 20, 2012
IMF calls on China to improve domestic consumption
The head of the International Monetary Fund has warned that the outlook for the global economy remains uncertain following meetings in China with the country's communist party leadership.
Sunday, March 18, 2012
Indian keeps interest rates stable amid inflation risk
India's central bank has left interest rates unchanged, saying that inflation remains a risk despite a slowdown in the economy.
Saturday, March 17, 2012
Japan Debt-Financing Concern Clouds BOJ’s Bond Buying: Economy
Some Bank of Japan board members are concerned that increased bond purchases by the central bank may be viewed as financing government deficit spending, minutes of last month’s meeting show.
Friday, March 16, 2012
Asia stocks mixed amid doubts about China growth
BANGKOK (AP) — Asian stock markets were mixed Thursday, hindered by falling commodity prices and worries about the extent of China's economic slowdown.
Thursday, March 15, 2012
China's Wen Jiabao says 'reforms urgent'
China's Premier Wen Jiabao has delivered a strong warning about the ''urgent'' need for reforms, without which, he said, tragedies such as the Cultural Revolution could still happen.
Wednesday, March 14, 2012
EU, US, Japan launch rare earth WTO case against China
BRUSSELS/WASHINGTON: The European Union, United States and Japan formally asked the World Trade Organization on Tuesday to settle a dispute with China over Beijing's restriction on exports of raw materials, including rare earth elements critical to electronics makers.
Tuesday, March 13, 2012
'Made in Japan' stamp to disappear as tsunami sees industry move out
On Sunday, Japan marked the first anniversary of the disaster that decimated Japan's northeast coast, left more than 19,000 dead or missing, and sparked the worst nuclear disaster since Chernobyl.
Sunday, March 11, 2012
India’s Central Bank Cuts Reserve Ratio as Cash Squeeze Threatens Economy
India’s central bank unexpectedly cut the amount of deposits lenders need to set aside as reserves to ease a cash squeeze in the banking system that threatens to deepen an economic slowdown.
Saturday, March 10, 2012
China's inflation rate falls as food prices rises slow
China's inflation rate has fallen to a 20-month low as food price rises eased, giving policy-makers room to stimulate the economy.
Friday, March 9, 2012
Japan Looks Beyond Its Borders for Investors
AIZU-WAKAMATSU, Japan — Mayor Shohei Muroi knows it is a tough sell to get new companies to invest in this struggling industrial city just 60 miles from Japan’s most notorious nuclear plant.So in September, Mr. Muroi did the unthinkable.
Thursday, March 8, 2012
Stocks, Commodities Rise Before Greek Swap
Stocks (MXWD) rose for a second day, while commodities gained and the dollar fell after Japan’s economy shrank less than initially estimated. The euro strengthened and Italian bonds advanced as Greece moved closer to completing its debt swap.
Wednesday, March 7, 2012
Indonesia Moves to Limit Foreign Ownership of Some Mines to Stakes of 49%
Indonesia, Southeast Asia’s largest economy, will limit foreign companies from owning more than 49 percent of some mines, potentially limiting investment in the world’s largest thermal-coal and tin exporter.
Tuesday, March 6, 2012
Asia Currencies Drop on Concern Global Slowdown to Hurt Regional Exports
Asian currencies weakened, led by Indonesia’s rupiah and India’s rupee, as concern the global economy is slowing dimmed the outlook for the region’s exports.
Saturday, March 3, 2012
China’s February Non-Manufacturing Index Falls in Sign Economy Weakening
China’s non-manufacturing industries contracted for the first time in three months in February, adding to signs the world’s second-biggest economy is weakening.
Friday, March 2, 2012
Europe drags on global economy, few policy options
LONDON/BEIJING (Reuters) - Prospects for a strong recovery in the global economy darkened on Thursday as sputtering factory activity in Europe overshadowed more upbeat data from Asia, at a time when central banks are running out of policy options and reluctant to do more.
Thursday, March 1, 2012
Japan car sales jump on subsidies for green vehicles
Japanese car sales, including those of 660cc mini vehicles, rose in February as government subsidies for energy-efficient vehicles lured buyers.
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