Noda's tax success may fail to end Japan deadlock

(Reuters) - After years of policy paralysis in Japan, Prime Minister Yoshihiko Noda has pushed a much-needed but unpopular sales tax hike through the lower house of parliament, but the chances of further reform in the world's third-largest economy seem unlikely.

China's 2012 growth target at risk, property curbs hurt

(Reuters) - China's annual growth target for 2012 looks increasingly in jeopardy as demand at home falters and Europe's debt crisis worsens, complicating matters for Beijing as the country heads into a once-in-a-decade leadership transition.

Indian rupee gains on hopes of government intervention

The Indian rupee has gained ahead of an announcement in which the government is expected to unveil measures to stop it falling against the US dollar.

Vietnamese economy: undertaking necessary reforms

In the face of slowing global growth, the Vietnamese economy remains well positioned to continue to grow this year , even as other export-dependent economies around the world struggle.

Govt to announce steps on Monday to improve economy

Expressing concern over signs of weakness in the Indian economy, Finance Minister Pranab Mukherjee on Saturday said the government is set to announce certain measures on Monday to improve market conditions in consultations with the Reserve Bank.

China Iran oil imports rise as payment dispute resolved

China's imports of crude oil from Iran rebounded in May after the two countries resolved a payment dispute. Beijing imported almost 524,000 barrels per day, a 35% jump from the previous month.

China Housing Prices Decline at Gentler Pace

SHANGHAI—Average housing prices in China fell in May at a gentler pace for a second consecutive month, signaling that the decline in property prices is stabilizing in response to government measures.