China likely to tolerate 7 percent growth before hitting stimulus button

(Reuters) - China's new leaders have adopted a greater tolerance for a slowdown in the economy than their predecessors and are likely to allow quarterly growth to slip as far as 7 percent before triggering fresh stimulus to lift activity, sources say.

Asia stocks fall after US data disappoints

BANGKOK (AP) -- Asia stock markets extended losses Thursday after weak U.S. indicators sparked fears of a slowdown in the world's biggest economy.

Cybersecurity tops Obama's agenda for China talks

WASHINGTON: President Barack Obama will be looking for signs from China's leader at their upcoming meeting that Beijing is ready to address its reported high-tech spying, which the White House sees as a top threat to the US economy and national security.

As Philippines booms, overseas workers eye return home

MANILA: Mateo Ragonjan took a leap of faith in August last year. The executive sous-chef of a seven-star luxury hotel in Abu Dhabi packed his bags to take up a similar job back home in the Philippines.

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.

Japan to offer $ 10 billion aid to Africa: Reports

TOKYO: The Japanese government is to pledge at least $ 10 billion in aid to Africa for the next five years, reports said today, as Tokyo prepared to host a major development conference for the resource-rich continent.

India's economic growth at slowest rate in a decade

India's economy grew at its slowest pace in a decade during the 2012-13 financial year, figures show.