Dubai discusses ways to integrate Asia into global economy

DUBAI: Global finance leaders and policy makers have emphasised on the importance of integration of Asia into global economy at a summit here hosted by the Gulf Emirate.

Indonesia aims to boost economy as emerging Asia struggles

JAKARTA: Indonesia today announced measures to shore up its economy as Asia's emerging nations come under huge pressure from outflows of foreign cash that have sent their stock markets and currencies plummeting.

India's central bank in new measures to boost rupee

India's central bank has announced new measures to reduce volatility in currency markets and support the weakened rupee.

China Banks’ Golden Era Fades as Crunch Raises Default Risk

Chinese banks’ valuations are close to their lowest on record as the nation’s interbank funding crisis exacerbated investors’ concern that earnings growth will stall and defaults may surge as the economy slows.

As yen falls, goods from Japan get more affordable

Japanese goods are getting more affordable. For consumers worldwide and for Japan's economy, it's welcome news. Credit Japan's drive to pump cash into its economy to stimulate growth.

China Vice Premier says economy faces headwinds, urges broad reforms

BEIJING (Reuters) - China's economy faces more headwinds as it struggles with surplus production capacity and risks to the financial system, a member of the country's top decision-making body said on Sunday, calling for sweeping reforms, including lessening state control.

Hong Kong to tax overseas property buyers in bid to cool market

HONG KONG: Hong Kong is to introduce new property cooling measures, including a new 15 percent tax on overseas buyers, to curb a rise in prices to increasingly unaffordable levels, Financial secretary John Tsang said on Friday.