The rupee pulled back from a record low Thursday after India announced a plan to lend dollars to state oil companies, the latest in a series of measures designed to stem the currency's decline.
Saturday, August 31, 2013
Friday, August 30, 2013
Philippines growth beats forecast as it defies trend
The Philippines has posted better-than-forecast economic growth, fuelled by its services sector and higher consumer and government spending.
Thursday, August 29, 2013
China's debt-fuelled growth outlives fallen politician Bo Xilai
Fallen Chinese politician Bo Xilai may have been ritually consigned to political history at his trial this week but the country's leadership has yet to abandon the debt-fuelled economic policies he epitomised.
Wednesday, August 28, 2013
India in crisis mode as rupee hits another record low
The Indian rupee extended losses to another record low on Wednesday as government efforts to stabilize markets failed and investors continued to pull money out of the country.
Tuesday, August 27, 2013
Australia's mining boom rolls on for Chinese entrepreneur in the outback
SYDNEY (Reuters) - Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback, scoffs at talk the resources boom is over.
Monday, August 26, 2013
Singapore-U.S. Trade High Persists on Record FDI: Southeast Asia
Singapore’s trade with the U.S. in 2013 will probably exceed $50 billion for a third year after the nation attracted the most investment from American companies in the Asia-Pacific region.
Sunday, August 25, 2013
Indonesia aims to boost economy as emerging Asia struggles
JAKARTA: Indonesia today announced measures to shore up its economy as Asia's emerging nations come under huge pressure from outflows of foreign cash that have sent their stock markets and currencies plummeting.
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