The Russian banking sector is about to implode

The country has more than 820 lenders, a staggering number of which have a high ratio of bad loans on their balance sheets. Many will soon disappear.

South Korea holds winning hand as Japan gambling bill dies

TOKYO/SEOUL, Nov 24 (Reuters) - South Korea looks like the consolation prize as Japan's $15 billion casino dream fades, a setback for companies such as Las Vegas Sands Corp that envisioned a new gaming hub rivalling Las Vegas in 2020.

Indonesia’s Graft Body Probes Several Former Ministers

Indonesia’s anti-graft agency, tasked by President Joko Widodo to assess candidates for his cabinet, said it is investigating several ministers in former leader Susilo Bambang Yudhoyono’s government and wants the incoming team to sign an integrity pact.

Indonesia Tax Boss Wants to See Bank Records in Revenue Push

Indonesia’s tax chief is pushing for access to personal bank accounts and wants to track car and home purchases in his fight to catch evaders and boost revenue.

Next Indonesian leader walks into economic storm

The winner of this week's Indonesian presidential election faces serious challenges to keep Southeast Asia's top economy on track, from cutting fuel subsidies and fighting corruption to revamping creaking infrastructure and boosting spending on the poor.

Indonesia Risks Suharto Dynasty Rerun as Son-in-Law Also Rises

Sixteen years after the overthrow of the dictator Suharto, Indonesia is turning back toward that regime as his former son-in-law pulls level in the race to run the world’s third-largest democracy.

In Bihar, Economic Concerns Are Tied Up in Caste Politics

PATNA, India — In Bihar, one of the poorest states in India, voters in this year’s elections have the economy foremost on their minds, but in a state where the most socially disadvantaged sections of society make up a majority of voters, even economic issues are tied up with caste politics.

China must drop 'mindset of expansionism' over Arunachal Pradesh: India's Modi

NEW DELHI (Reuters) - Narendra Modi, the leading candidate to be India's next prime minister after a forthcoming election, declared the disputed territory of Arunachal Pradesh an integral part of India on Saturday and urged China to abandon its "mindset of expansion".

India's PM Singh stepping down this summer after 10 years

NEW DELHI -- India's prime minister announced Friday he would step aside after 10 years following this summer's general election, saying Rahul Gandhi should replace him if the ruling Congress Party manages to stay in power.

Economic fears expose Laos' unequal boom

VIENTIANE (Reuters) - For the Communists running Laos, the fruits of capitalism have never been so bountiful.