Friday, August 9, 2013
South Korea's central bank left its key interest rate steady at 2.5 percent Thursday, with uncertainty over the U.S. Federal Reserve's stimulus program and China's slowing economy.
Thursday, August 8, 2013
China Airlines (CAL), Taiwan's largest carrier, will launch direct flights between Taoyuan and Busan, South Korea in September, a move that aims to boost tourist traffic between the two countries, the airline announced yesterday.
Wednesday, August 7, 2013
Australia's central bank cut its benchmark interest rate to a record low 2.5 percent Tuesday because of slower growth and weakening commodity prices.
Friday, July 19, 2013
Stocks continued to rise Thursday after the U.S. Federal Reserve said it will extend its stimulus policies if necessary, though Chinese markets were overshadowed by uncertainty over the country's economic outlook.
Wednesday, July 17, 2013
The Dutch government is reviewing double taxation treaties with developing countries to determine if they are unfair and should be renegotiated, State Secretary of Finance Minister Frans Weekers said.
Australia's central bank on Tuesday said there could be room for a further interest rate cut, despite the cash rate sitting at its lowest level since the bank's 1959 establishment.
Friday, July 12, 2013
Australia's jobless rate jumped to 5.7 percent in June, its highest level in almost four years, as the mining-driven economy gears up for a bumpy transition away from its reliance on commodities.
Wednesday, July 10, 2013
Taiwan's annual computerized war games to be held next week will test the counter-invasion capabilities of local forces in the face of a simulated Chinese invasion, the Ministry of National Defense (MND) said yesterday.
Tuesday, July 9, 2013
Virgin on Monday completed the purchase of a 60-percent stake in low-cost rival Tigerair Australia and named its chief executive John Borghetti as chairman of the new business.
Friday, July 5, 2013
Russia is likely to increase its exports of wheat to Egypt in the marketing year that started on July 1, despite political upheaval in the world's largest wheat importer that may slash its overall purchases, Russia's Grain Union said on Thursday.