Asia's export engine stuck in neutral despite U.S. uptick

HONG KONG (Reuters) - Asia's once-reliable export engine remains stalled two years into a global economic recovery, raising concerns about the region's competitiveness and its ability to motor through the next tough time for emerging markets.

China’s Biggest Reserves Jump Since 2011 Shows Inflow

China’s foreign-exchange reserves rose last quarter by the most in more than two years, a sign the government’s efforts to protect growth attracted money even as developing nations from India to Indonesia saw capital exit.

Disputes cloud Asia-Pacific summit focus on trade

BALI, Indonesia (AP) -- Asia-Pacific leaders vowed Tuesday to cooperate on stabilizing a global economic recovery threatened by resource scarcity and bottlenecks to growth.

South Korea’s May Exports Unexpectedly Rise on Smartphone Sales

South Korea’s exports unexpectedly increased in May as surging smartphone shipments and improving demand from the U.S. and China countered a decline in the yen.

Asian Economies Show Signs of Strength

SINGAPORE—Asia's economies are showing resilience as 2013 gets under way, with a variety of data indicating manufacturing and growth are starting to pick up, just as short-term uncertainty is lifting on the U.S. fiscal cliff.

Fiscal cliff remains key driver in markets

LONDON (AP) — Uncertainty over the progress of a U.S. budget deal capped the advance in most stock markets Thursday as did a downbeat economic assessment from the European Central Bank and renewed political uncertainty in Italy.

Asian share markets fall after central bank actions

Asian shares have fallen after South Korea unexpectedly cut interest rates while the Bank of Japan made only minor changes to its stimulus programme.

Japanese and South Korean factory outputs slow in July

Manufacturing activity in two of Asia's biggest economies has slowed raising fresh concerns about global economic recovery faltering.

Factory output in Japan rose 0.6% in July, compared with the previous month, much lower than the 3.8% increase in June.

India Sensex Has Biggest Weekly Jump in 20 Months; Infosys Leads

Indian stocks rallied, with the benchmark index posting its biggest weekly gain in 20 months, as speculation that global economic recovery will be sustained spurred gains in equities across Asia. Software makers jumped.

Infosys Technologies Ltd., the nation’s second-largest software-services provider, climbed 5.3 percent, the most since July 2009. Asian stocks increased, tracking a rally in U.S. equities, after U.S. initial jobless claims data signaled the labor market in the largest economy is mending. Wipro Ltd., the third-biggest, advanced 3.7 percent. Tata Consultancy Services Ltd., the largest, added 2.4 percent.