Bangladesh, ILO Agree on Labor Reform After Factory Death

Bangladesh’s government, workers, employers and the International Labour Organization agreed to a plan to improve employee rights and safety after more than 600 people were killed in a factory building collapse last month.

Subbarao Says India Policy-Easing Room Practically Non-Existent

India’s central bank governor signaled the nation has almost no space left to ease monetary policy further, following the third interest-rate cut this year to bolster a struggling economy.

Philippines Beats Indonesia in Gaining S&P Investment Grade

Philippine stocks rose to a record after it beat Indonesia to win an investment grade from Standard & Poor’s, as President Benigno Aquino outshines Susilo Bambang Yudhoyono in improving government finances and spurring growth.

China Service Industries Expand at Slower Pace: Survey

China’s service industries expanded at a slower pace last month, adding to the drag on growth in the world’s second-biggest economy after manufacturing lost momentum.

India Central Bank Sees Limited Room to Cut Rates

MUMBAI--India's central bank Thursday said it sees "very limited" room to ease monetary policy further, sounding a cautious note a day before it is widely expected to cut rates to help boost economic growth.

Asia stocks down, China manufacturing growth slows

BANGKOK (AP) — Asian stock markets fell Wednesday in holiday-thinned trading after the pace of China's manufacturing growth slowed in April, raising fears of a weaker recovery in the world's second-largest economy. Shares in other regions were poised to post gains, however.

China becomes biggest PC market in 2012 - IHS report

China has overtaken the US as the world's biggest market for personal computers, according to a market data report.