Japan Optimism Rekindled

The latest economic data from Japan is providing some good news for Prime Minister Shinzo Abe as he tries to demonstrate that his “Abenomics” economic program is still going strong.

India gold tax hits bridal budgets; smuggling up

MUMBAI, India — With India’s wedding season in full swing, the glass sales counters in Mumbai’s famed Zhaveri gold bazaars are crowded with customers eyeing elaborate headpieces, nose rings and necklaces.

Asian Currencies Decline This Week as Fed Taper Spurs Outflows

Most Asian currencies fell this week as signs of an improving U.S. economy bolstered demand for the dollar amid tapering from the Federal Reserve that’s spurring outflows from emerging markets.

Chinese budget carrier gets approval for Japanese airline

BEIJING: Chinese budget carrier Spring Airlines has gained approval for a Japanese joint venture set to begin flying in May. The new carrier is planning flights from Japan's Narita airport to Saga, Takamatsu and Hiroshima.

Taiwan Holds Key Rate After GDP Growth Forecasts Trimmed

Taiwan held its benchmark interest rate for a 10th straight meeting after it lowered its forecasts for economic growth and inflation this year and next.

Japan drops "deflation" from economic view as prices pick up

TOKYO (Reuters) - Japan dropped the term "deflation" in describing its economy for the first time in four years amid signs of consumer prices picking up, an indication the government has made progress in its battle with 15 years of grinding price falls.

China cash squeeze persists even after central bank reassures market

(Reuters) - China's cash market squeeze showed little sign of easing on Monday, reinforcing the view the central bank has shifted to tighter monetary policy.