Japan’s Retail Sales Fall in October as Car Sales Drop

Japan’s retail sales fell in October by the most in 11 months as consumers purchased fewer cars and televisions, adding pressure on the government to stimulate an economy that may be entering a recession.

Philippines economic growth better than forecast

The Philippines economy grew more than forecast in the third quarter, boosted by increased consumer and government spending and a recovery in exports.

China’s industrial profit rebounds in October

HONG KONG (MarketWatch) — Chinese industrial companies’ profits jumped in October — rising more than 20% from a year earlier and nudging into positive territory for the first 10 months of the year — bolstering a bullish view on the future of Chinese corporations and the broader economy.

India fails to break parliament deadlock over supermarket reform

NEW DELHI (Reuters) - India's government failed on Monday to defuse a row with the opposition over opening up the supermarket sector to foreign chains, a decision that has thrown parliament into chaos and endangered fresh economic reforms.

Asia stocks post slight gains after Black Friday

BANGKOK (AP) — Asian stock markets posted slight gains Monday after the unofficial start of the holiday shopping season in the U.S. topped expectations, offsetting concerns about Greece's financial crisis.

South Korea urged to restore trust in nuclear power

SEOUL (Reuters) - South Korea needs to rebuild public trust in nuclear power by boosting transparency and improving regulation, the International Energy Agency (IEA) said on Friday, after safety scares have closed reactors and threaten to trigger blackouts over winter.

Southeast Asian nations plan trade bloc to rival US

PHNOM PENH: Ten Southeast Asian nations said on Tuesday that they would begin negotiating a sweeping trade pact that would include China and five of the region's other major trading partners, but not the United States.

China manufacturing picks up pace, HSBC report suggests

China's manufacturing activity expanded in November, according to a report by HSBC, the latest sign that its growth may be rebounding.

Japan exports fall for fifth consecutive month

Japan's exports have fallen for a fifth straight month after demand in China and the European Union (EU) weakened.

China to hold trade talks with Japan, South Korea

(Reuters) - China will hold ministerial talks on a free trade area (FTA) with Japan and South Korea at an East Asia Summit in Cambodia, a Chinese government spokesman said on Monday, in a step towards engagement with Japan after recent diplomatic tension.

Vietnam's 'tiger' economy losing its roar

The Ben Hai river running through this small mountain village in central Vietnam marks the 17th parallel, what was the dividing line between North and South Vietnam prior to the exit of US troops and the communist victory in 1975.

Inflation China's key long-term risk: central bank chief

BEIJING (Reuters) - Inflation is the main long-term risk for China as the economy makes a transition from a planned economy to a market-based one and deeper financial reforms are needed to complete the move, central bank governor Zhou Xiaochuan said on Saturday.

HK economy grows 1.3 in 3Q, govt trims forecast

HONG KONG (AP) — Hong Kong trimmed its growth forecast for the year on Friday as the weak global economy weighed heavily on the trade-dependent Asian financial center, mirroring a similar move by regional rival Singapore.

Japan government to downgrade economic assessment in November: sources

(Reuters) - Japan will downgrade its assessment of the economy in a monthly report due at the end of the week, government sources told Reuters on Wednesday, as the global economic slowdown pushes the country to the brink of recession.

Asia stocks fall as talks on US budget deal stall

BANGKOK (AP) — Asian stocks tumbled Thursday as hopes began to fade for a quick agreement among U.S. leaders to avoid a "fiscal cliff" that could derail the world's biggest economy.

India Likely to Grow Around 6% This Fiscal Year; Local, Global Issues Drag - Prime Minister

NEW DELHI--India's economic growth is expected to slow to around 6% in the current fiscal year, dragged by domestic issues such as supply side limitations as well as the global economic slowdown, but the government is focussed on getting the country back on a growth path, Prime Minister Manmohan Singh said.

China turns corner on economy as party chooses new leaders

(Reuters) - China announced on Saturday that it is effectively turning the corner on the economy and likely to meet its growth target for the year, more good news for Communist Party policy makers meeting in Beijing to anoint new leaders for the next decade.

From ‘Superpower’ to ‘Time for a Reboot’

GURGAON – To understand the pall that slowing growth and seemingly paralyzed policy making has cast over business sentiment in India look no further than a panel held at an economic conference here this week: ‘‘Rebooting India.’’

UK to end financial aid to India by 2015

The UK is to end financial aid to India by 2015, international development secretary Justine Greening has said.

China congress: Hu Jintao says reforms to deepen

China's President Hu Jintao has said the country will deepen its economic reforms and boost domestic demand to spur a new wave of growth.

Asia Markets: Higher On U.S. Election

(RTTNews.com) - The Asian stock markets are expected to open higher on Wednesday as the U.S. presidential election draws to a close, finally bringing some clarity to the future of the world's largest economy.

Asia-Europe Meeting: build growth with cooperation

VIENTIANE, Laos (AP) — Leaders from Asia and Europe called Tuesday for closer cooperation between the two continents in addressing the current global economic and financial crisis.

Indonesia Q3 growth slows as commodity exports wane

JAKARTA (Reuters) - Indonesia's economy grew 6.2 percent in the third quarter from a year earlier, in line with forecasts, as the global downturn finally began to drag on a country whose resilience has attracted a flood of foreign investment this year.

Late China Party Chief’s Son Urges Reform on Eve of Power Shift

The son of China’s late Communist Party chief Hu Yaobang called on leaders of the world’s most populous nation to pursue political and economic changes as they prepare for a once-a-decade transfer of power.

Asian Currencies Have Fourth Weekly Gain on Recovery Outlook

Asian currencies had a fourth weekly gain, led by South Korea’s won, after data suggested the worst may be over for the global economy.

Japan Stocks Rise Third Day on U.S. Jobs, Weaker Yen

Japanese stocks rose for a third day as the yen weakened and reports on U.S. employment, manufacturing and consumer confidence signaled improvement in the world’s largest economy.

China's new leaders face tough economic choices

BEIJING: China's economic model that delivered three decades of double-digit growth is running out of steam and the country's next leaders face tough choices to keep incomes rising. But they don't seem to have ambitious solutions.

Hong Kong named top financial center for second year

LONDON (Reuters) - Hong Kong was named the world's top financial center for the second year running by the World Economic Forum (WEF), thanks to the strength of its business environment, infrastructure and a favorable tax regime.