Political tensions mount for Indonesia's Widodo as economy skids

JAKARTA (Reuters) - When Indonesian President Joko Widodo summoned his economy ministers to the palace this week to discuss growth slumping to its lowest level since 2009, they weren't the only ones to show up.

Rupee Has Biggest Weekly Drop Since August 2013 on Debt Outflows

India’s rupee completed its biggest weekly drop since August 2013 as foreign funds pulled money from local bonds after the trade deficit widened and the government said overseas investors would have to pay a retrospective tax.

Exclusive: Modi sell-off drive stalls, more Indian spending cuts on way

(Reuters) - India will fall well short of its $9.5 billion privatization target this year, despite a big stock market rally that has attracted foreign investors, two government sources told Reuters.

Philippine Bonds Decline on Plan to Auction 10-Year Debt

Philippine bonds due 2023 fell, halting a two-day gain, after the government announced plans to sell 10-year debt for the first time in a year.

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.