Bank of Japan Expands Asset-Purchase Program

TOKYO—The Bank of Japan took additional monetary easing action as a drop in exports and output forced it to lower its economic outlook. It also issued a joint statement with the government stressing a commitment to fight deflation.

Asia stocks mixed ahead of BOJ meeting

BANGKOK (AP) — Asian stock markets were mixed Monday, with traders widely expecting the Bank of Japan to announce new measures to help the country break out of its deflationary slump.

India risks backlash hurrying through overdue welfare reform

BEELAHERI, India (Reuters) - India is shaking up the way it gets billions of welfare dollars to the poor with a plan that could one day reshape the economy and tackle graft keeping millions in poverty, but in one small town a pilot of the new system is proving unpopular.

Hong Kong to tax overseas property buyers in bid to cool market

HONG KONG: Hong Kong is to introduce new property cooling measures, including a new 15 percent tax on overseas buyers, to curb a rise in prices to increasingly unaffordable levels, Financial secretary John Tsang said on Friday.

Make Way for Southeast Asia’s Newest Boom Economy

Pop quiz: Which country is likely to have the fastest-growing economy in Southeast Asia this year?

Hong Kong weakens local currency again

Hong Kong's central bank has intervened in financial markets again, weakening the value of its currency after it jumped in value.

China's new government to help sustain BMW growth rates

MUNICH: BMW is counting on China's new leadership to inject enough fresh stimulus into the slowing economy to sustain double-digit growth in premium car sales, its finance chief told a news agency.