Tuesday, August 6, 2013
The U.S. economy may have stopped sneezing, but Asia's exports are still laid up with a nasty cold. Growth in exports from seven of East Asia's biggest exporters — Japan, China, South Korea, Taiwan, Thailand, Hong Kong and Singapore — slowed to a halt in the second quarter, according to national trade data compiled by Reuters, led by a 9-percent drop in exports to the European Union compared to a year earlier.
Wednesday, July 24, 2013
Dynamic growth and an expanding middle class are making Southeast Asian consumers among the most confident in the world when it comes to their economic prospects, a survey showed Tuesday.
Friday, June 14, 2013
Asian markets dived Thursday, with Tokyo's Nikkei losing more than 6 percent, while the U.S. dollar hit 10-week lows against the yen on expectations that central banks' monetary easing measures will end soon.
Friday, April 26, 2013
Southeast Asian leaders were upbeat Thursday about progress made on an ambitious plan to weld the region into a European Union-style economic community as a counterweight to Asian powerhouse China, while efforts were stalling on South China Sea disputes.
Saturday, April 13, 2013
Japan and the United States have agreed on a deal to allow Tokyo to join talks on a U.S.-led Asia-Pacific free trade pact that Prime Minister Shinzo Abe is making a keystone of his strategy to open Japan's economy and spur long-sought growth.
Monday, April 8, 2013
Asian economies have shown a greater interdependency, according to a report released on Tuesday.
Friday, March 29, 2013
Leaders of five of the world's emerging economic powers agreed Wednesday to create a development bank to help fund their US$4.5 trillion infrastructure plans — a direct challenge to the World Bank, which they accuse of Western bias.1 Comment
Thursday, March 28, 2013
Leaders from the BRICS group of emerging powers on Wednesday were to unveil a scaled-back plan to challenge Western supremacy at global institutions like the World Bank.
East Asia's four Tiger Economies dominated Asia's economic competitiveness ranking in 2012, while the Chinese mainland kept 10th place for the third year in a row, according to a report released on Tuesday by the China Center for International Economic Exchanges.
Monday, March 25, 2013
Leaders from the BRICS emerging nations are expected to launch a joint development bank to rival Western-dominated institutions at a summit beginning Tuesday.