NEW DELHI (Reuters) - India's finance minister had a bruising battle with cabinet colleagues in the run-up to the budget he unveils this week, rebuffing demands for pre-election spending and insisting on austerity to shore up investors' faith in a troubled economy.
Thursday, February 28, 2013
Wednesday, February 27, 2013
Japan to sell $10 billion stake in tobacco company
Japan's government has announced plans to sell almost 17% of Japan Tobacco, a long-held state asset that is also one of the world's largest cigarette producers.
Tuesday, February 26, 2013
China's manufacturing sector stumbles
A key gauge of momentum in China's manufacturing sector fell unexpectedly in February, raising concerns about the strength of recovery in the world's second largest economy.
Monday, February 25, 2013
Indonesia Central Bank Choice Elicits Mixed View: Southeast Asia
President Susilo Bambang Yudhoyono’s surprise choice of Agus Martowardojo to run Indonesia’s central bank met with mixed reactions, with some questioning his record as finance minister and others praising his banking experience.
Sunday, February 24, 2013
Vietnam Inflation Rate Eases as Economy Struggles to Revive
Vietnam’s inflation eased in February as domestic consumption struggled to rebound after a credit crunch that slowed economic growth to a 13-year low.
Saturday, February 23, 2013
IMF approves $278.8 million aid to Bangladesh
WASHINGTON: The International Monetary Fund (IMF) has approved a financial aid of $278.8 million to Bangladesh.
Friday, February 22, 2013
Fearing stumble, Japan PM eyes opposition for smooth BOJ succession
TOKYO: Prime Minister Shinzo Abe is keen to avoid a rerun of the debacle in 2008 when the seat for the Bank of Japan governor was left open for weeks, so he is carefully calculating the odds that potential candidates will win vital opposition support.
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