Tuesday, January 7, 2014

Japan automakers accelerate China sales despite tensions

TOKYO: Two of Japan's top automakers today reported record sales in China last year, after an anti-Japanese consumer boycott depressed demand in the world's largest vehicle market in 2012.

Monday, January 6, 2014

China's GDP growth in 2013 set to be weakest since 1999

BEIJING: China's economy, the world's second largest, may have grown around 7.6 per cent in 2013, its weakest growth since 1999, with latest economic figures indicating sluggish economic activities in the last quarter.

Sunday, January 5, 2014

India's PM Singh stepping down this summer after 10 years

NEW DELHI -- India's prime minister announced Friday he would step aside after 10 years following this summer's general election, saying Rahul Gandhi should replace him if the ruling Congress Party manages to stay in power.

Saturday, January 4, 2014

China factories lose some of their mojo

China's factories lost some momentum in December, adding to worries that growth in the world's second-largest economy may soften in the new year.

Friday, January 3, 2014

Taiwan's Ma says ending China standoff a must for the economy

TAIPEI (Reuters) - Ending Taiwan's political standoff with mainland China is necessary to boost Taiwan's sagging economy and to help it integrate more effectively with the region, the island's president, Ma Ying-jeou, said.

Thursday, January 2, 2014

Singapore GDP Contracted Last Quarter as Output Eased: Economy

Singapore’s economy shrank for the first time in five quarters after its manufacturing and services industries weakened, a contraction that may be short-lived as the global recovery strengthens.

Wednesday, January 1, 2014

China $3 trillion local government debt stirs alarm

BEIJING: Calls for China to accelerate financial reforms grew louder on Monday after figures showed its indebted local governments owe nearly $3 trillion in a debt build-up that some analysts called alarming.