Wednesday, December 14, 2011
A buying group of 233 Chinese businesses is scheduled to visit Taiwan Wednesday for talks with domestic suppliers, according to the Taiwan External Trade Development Council (TAITRA).
Impacted by the slump in electronic demand, the Philippines suffered from the sixth consecutive drop in export revenue in October year-on-year with a decline of 14.6 percent to US$4.088 billion, according to figures released by the Philippines' National Statistics Office.
Wednesday, December 7, 2011
Economic growth in East Asia will continue to wane in 2012 as sovereign debt problems in Europe and an anemic U.S. economy raise the risk of a deep global downturn, the Asian Development Bank (ADB) said Tuesday.
Expatriates in Japan have the highest living expenses compared to their counterparts working elsewhere in Asia, due largely to the Japanese currency's recent sharp rise, a global survey said Tuesday.
Tuesday, December 6, 2011
The Asian Development Bank on Tuesday trimmed its 2012 growth forecast for emerging East Asian economies including China, as the eurozone turmoil threatens to drag the global economy back into crisis.
Thursday, December 1, 2011
Asia's projected growth rate of 7.5 percent next year could be jeopardised as the eurozone crisis threatens its export-driven economies, the Asian Development Bank chief said.
Wednesday, November 30, 2011
Growth in Southeast Asia's six major economies is expected to slow through 2016, the OECD said Tuesday, urging them to find new growth drivers as the key U.S. and European export markets a stuck in crisis.
Tuesday, November 29, 2011
Morgan Stanley on Monday further slashed its growth forecasts for Asia next year due to increasing risks from the debt crisis in Europe and weakening domestic demand.
Wednesday, November 23, 2011
Growth in East Asian economies will slow next year with demand from key export markets in the United States and Europe falling as they struggle with their debt crises, the World Bank warned Tuesday.
Tuesday, November 22, 2011
Asia's private bankers are gearing up for a major shift in how they make money, said Rajesh Malkani, the head of Standard Chartered Private Bank in Asia.