Japan Heads for GDP Contraction as South Korea Weakens: Economy

Japanese and South Korean industrial production fell more than economists estimated last month as slowdowns in China and Europe weighed on exports, building the case for more monetary easing.

South Korea Output Falls Again

GWACHEON, South Korea—South Korea's factory output fell for a third consecutive month in August as strikes in the automobile sector and two typhoons slowed business activities, paving the way for the central bank to deliver another policy rate cut.

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.

Japan’s Confidence Poised to Weaken in Warning for BOJ: Economy

Japan’s biggest manufacturers probably grew more pessimistic this quarter as China’s slowdown and Europe’s crisis sapped exports, putting pressure on the central bank to add to this month’s surprise monetary stimulus.

China's economy, inflation trend stable - central bank

BEIJING (Reuters) - China's central bank said on Tuesday that it will "fine tune" policy to cushion the economy against global risks while closely watching the possible impact from recent policy loosening in the United States and Europe.

India: S&P cuts growth forecast, despite Singh's new reforms

S&P cut its growth forecast to 5.5% from 6.5% for the financial year ending in March, despite PM's moves to loosen rules on foreign investment.

Asia Stocks Halt Two-Week Gain as Slowdown Overshadows Stimulus

Asian stocks halted a two-week advance as an escalating territorial dispute between the region’s two biggest economies and signs of a deeper economic slump overshadowed unexpected stimulus from the Bank of Japan.

China Investment Seen Failing to Secure Growth Rebound This Year

China’s economic slowdown may persist into next year amid a lack of funding for approved infrastructure projects, according to an academic adviser to the nation’s central bank.

India PM defends reforms as key ally quits government

NEW DELHI (Reuters) - Prime Minister Manmohan Singh launched a spirited defense of measures meant to breathe life into India's stuttering economy after his biggest coalition ally quit in protest on Friday, reducing his government to a minority.

China and Japan Must Resist Nationalism Over Islands

History has often been a cruel mistress to the global economy. With this anecdote in mind then, how have we returned to intense nationalist sparring in Asia after all of the lessons learned from the wars of the past century and beyond?

Obama hits China with trade complaint

HONG KONG (CNNMoney) -- The Obama administration will file a complaint Monday with the World Trade Organization, alleging that China has illegally subsidized automotive exports and undercut American suppliers.

Asia must fight complacency to keep driving global growth: Experts

TIANJIN, CHINA: Asia must fight complacency and transform its economic and social models if it is to keep driving global growth in years to come as Europe and the United States slow, experts say.

India Opens Aviation Industry to Overseas Investors

India threw open its retail and aviation industries to foreign investment as a newly assertive government bids to shake off a sense of crisis over the slowing economy and a stalled agenda, risking a political backlash.

China GDP growth seen 7.7-7.8 pc in 2012: Government researcher

BEIJING: China's annual economic growth will reach between 7.7 per cent and 7.8 per cent this year and begin to stabilise in the second half as pro-growth policies gain traction, a government researcher said in remarks published on Saturday.

Japan Warns on Strong Yen as Growth Outlook Downgraded: Economy

Japan lowered the assessment for its economy, the first consecutive downgrade since the waning of the global credit crunch in 2009, fueling concern the world’s third-largest economy will contract this quarter.

India Car Sales Down 19%

The weakening auto market comes as India's once-booming economy grew by just 5.5%t between April to June -- its slowest expansion in three years.

World Economic Forum: China growth on track, says Wen Jiabao

China's Premier, Wen Jiabao, has told the World Economic Forum in Tianjin that his country is on track to hit growth targets for this year.

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.

Asia-Pacific Leaders Focus on Trans-Atlantic Danger to Recovery

The annual meeting of 21 leaders in the Asia-Pacific region spent much of the two-day event in Russia’s Far East focused on the other side of the planet, discussing threats to the world economy posed by the European debt crisis and a looming U.S. budget showdown.

China vows better environment for foreign investment

XIAMEN: China will work to provide a better policy environment to attract foreign investment, a senior government official said on Saturday, underlining efforts to turn around a slower investment inflow during a global economic downturn.

China, Russia pledge support for Asia growth

VLADIVOSTOK, Russia (AP) — China will ensure steady and robust growth by boosting domestic demand and rebalancing its economy to help counter the obstacles hindering a global recovery, President Hu Jintao pledged Saturday to Asia-Pacific leaders gathered for a regional summit.

North Korea May Take Action to Jolt Economy, Analysts Say

SEOUL, South Korea — North Korea said Wednesday that it would convene its Parliament this month, an unusual session that South Korean analysts said might officially introduce a program by the country’s leader, Kim Jong-un, to revitalize the nation’s moribund economy.

Japan stresses cost of ending nuclear power as decision looms

TOKYO (Reuters) - Japan's government, buffeted by conflicting pressure from anti-nuclear voters and pro-nuclear business interests, is stressing the negative impact of a speedy exit from atomic energy as it nears a decision on a new energy mix.

Singapore PMI contracts for second month in August on lower orders

SINGAPORE: Manufacturing activity in Singapore contracted for a second consecutive month in August as new orders declined further, in line with slowing output across Asia as demand weakens in Europe, United States and China.

China Focus Comes at a Cost for Germany

ERLIN — Berndes has been making saucepans since 1921. It is one of the largest manufacturers of such products in Germany and is a world market leader in nonstick pots and pans.

India disappoints with 5.5 percent growth

NEW DELHI (AP) — India's economy grew a disappointing 5.5 percent in the last quarter ending June, marking a sharp slowdown from the 8 percent growth in the same period a year ago.

China Manufacturing Unexpectedly Contracts as Orders Drop

China’s manufacturing unexpectedly shrank for the first time in nine months as new orders contracted and output rose at a slower pace, signaling the slowdown in the world’s second-biggest economy is deepening.

Asian markets fall, Tokyo hit by weak data

Asian markets fell on Friday as a weak set of Japanese economic figures sent Tokyo diving, while dealers looked ahead to a speech by Federal Reserve chief Ben Bernanke later in the day.