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Thursday, December 19, 2013
Asia business sentiment falls in Q4 as global worries weigh
Business sentiment among Asia's top companies dropped sharply in the fourth quarter, extending last quarter's declines, with global economic uncertainty and rising costs weighing on the region's firms, a Thomson Reuters/INSEAD survey showed.
Thursday, December 12, 2013
The failure to finalize a landmark trans-Pacific trade pact this year as planned has dealt a blow to President Barack Obama's policy pivot to Asia.
Tuesday, December 10, 2013
Expectations are growing that an ambitious trade pact between a dozen nations around the Pacific Rim may be wrapped up in 2-3 months, with signs that political desire for a deal is trumping a string of technical difficulties in drawing it up.
Sunday, December 8, 2013
WTO reaches first trade reform deal
The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add US$1 trillion to the global economy.
Saturday, November 30, 2013
Asian trade powerhouse South Korea took a step closer on Friday to joining 12-nation talks aimed at slashing trade barriers between nations making up about 40 percent of the world economy.
Tuesday, October 8, 2013
The World Bank cut its 2013 growth forecast for East Asia's developing countries on Monday, reflecting regional powerhouse China's slowdown plus the looming end of the United States' cheap-money stimulus policy.
Friday, October 4, 2013
Bangladesh has begun work on its first nuclear power plant, which is to have two Russian-designed reactors and cost up to US$4 billion.
Thursday, October 3, 2013
India, China data drive cuts in growth forecast
Slower growth in China and India and uncertainty over the U.S. Federal Reserve's stimulus program is hurting Asia's economic momentum, the Asian Development Bank (ADB) said, as it cut its forecast for the region.
Southeast Asia's huge appetite for energy will see its bill for imported oil surge to US$240 billion by 2035, leaving nations exposed to price shocks, the International Energy Agency warned Wednesday.
Tuesday, September 17, 2013
Asia's new mega-casinos are driving sales and innovation in advanced surveillance technology, from chips with built-in radio transmitters to high-definition, multi-lens, digital cameras that can scan huge gaming floors and catch the deftest sleight of hand.
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