Reform doubts grow as India's Modi marks year in office

Narendra Modi marks the first anniversary of his landslide election win in a bullish mood about his mission to transform India into a great power, despite doubts about the delivery of economic reforms.

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.

China to make new bid to join global procurement pact in 2014

(Reuters) - China has agreed to make a revised offer to join a global agreement aimed at creating a level playing field for foreign companies competing for government contracts, senior U.S. and Chinese officials said on Friday.

Vietnam Downgrade Adds Momentum to Clean Up State Loans: Economy

As Vietnam wins a yearlong battle to tame inflation and stabilize its currency, the spotlight is moving to the drag on growth from undercapitalized banks that have channeled credit to the nation’s state-owned companies.

China to cut trade tariffs as US visit looms

China has announced plans to cut import tariffs just days before US Treasury Secretary Timothy Geithner arrives in Beijng for the latest round of talks between the two superpowers.

New US unit to probe 'unfair trade practices' in China

US President Barack Obama has announced a new body to investigate unfair trade practices in countries such as China.

China's foreign currency reserves decline

China's official foreign currency reserves fell in the last three months of 2011, marking their first quarterly decline since 1998.