Thursday, May 14, 2015

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.

Wednesday, May 13, 2015

Japan first-quarter GDP growth seen moderate, weak consumption a concern

TOKYO (Reuters) - Japan's economy was expected to post a second straight quarter of moderate growth in January-March, led by a pickup in exports and business investment, a Reuters poll found, pointing if realized to a steady recovery from recession after last year's sales tax hike.

Tuesday, May 12, 2015

Political tensions mount for Indonesia's Widodo as economy skids

JAKARTA (Reuters) - When Indonesian President Joko Widodo summoned his economy ministers to the palace this week to discuss growth slumping to its lowest level since 2009, they weren't the only ones to show up.

Monday, May 11, 2015

Rupiah Leads Asia Currencies Lower This Week Amid Global Selloff

Asian currencies fell this week, led by Indonesia’s rupiah and South Korea’s won, amid a global selloff in equities and debt.

Sunday, May 10, 2015

China's Very High Mountain of Debt

China's debt mountain is casting a shadow over the world's second-largest economy.Total debt has reached 282 percent of GDP, according to the McKinsey Global Institute.

Saturday, May 9, 2015

China exports, imports fall sharply in April


China's exports and imports tumbled in April, dashing hopes of a seasonal rebound and underscoring concerns over the soggy trade picture in the world's second biggest economy.

Friday, May 8, 2015

Australia central bank cuts growth forecasts


The Reserve Bank of Australia has lowered its growth and inflation estimates for 2015 and 2016, saying the economy will continue to grow at a subpar rate for a longer than expected period.