China Drafts Bank Deposit Insurance in Move to Free Rates

China will start an insurance system for bank deposits, a move toward scrapping remaining controls on interest rates and allowing lenders to fail in a more market-driven economy.

PH economy slows down sharply in third quarter

The Philippine economy grew in the third quarter at its slowest pace in nearly three years due to weak public spending, putting at risk President Benigno S. Aquino III’s goal of boosting the nation’s annual expansion to a record by 2016.

Why India markets will continue to break records

India markets have made a stunning recovery from last year's taper tantrum, with the Nifty index at record highs, and some analysts are calling the run up just the beginning.

Dubai discusses ways to integrate Asia into global economy

DUBAI: Global finance leaders and policy makers have emphasised on the importance of integration of Asia into global economy at a summit here hosted by the Gulf Emirate.

China won't consider more rate cuts or easing until fourth quarter data out: official

(Reuters) - China's central bank will wait until fourth-quarter economic data is out and monitor U.S. and Japanese monetary policy before considering any more rate cuts or easing, a central bank adviser said on Tuesday.

Singapore economy to grow 3.0 percent in 2014: govt

Singapore's economy is expected to slow to growth of 3.0 percent this year as a global deterioration hits the city-state's crucial trade outlook, the government said on Tuesday.

South Korea holds winning hand as Japan gambling bill dies

TOKYO/SEOUL, Nov 24 (Reuters) - South Korea looks like the consolation prize as Japan's $15 billion casino dream fades, a setback for companies such as Las Vegas Sands Corp that envisioned a new gaming hub rivalling Las Vegas in 2020.