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Sunday, May 31, 2015
The Group of Seven (G-7) countries are in fundamental agreement that the Chinese yuan should be part of the IMF's international basket of reference currencies, but there is no need to rush, German Finance Minister Wolfgang Schaeuble said on Friday.
Saturday, May 23, 2015
Oil prices fell in Asia Friday, unwinding sharp gains in the previous session that were fueled by hopes that a global supply glut could end soon.
Sunday, April 26, 2015
One of the region's largest banks has complained about the slow progress in Southeast Asia's planned economic integration and singled out mixed messages from Indonesia as a key obstacle to the ASEAN Economic Community (AEC) to be launched at the end of the year.
Tuesday, April 14, 2015
East Asia's developing economies led by China will grow slightly slower this year, with higher U.S. interest rates and an appreciating U.S. dollar posing further risks to the region, the World Bank said Monday.
Wednesday, January 7, 2015
Tokyo's Nikkei led an Asian share slump Tuesday following painful losses in New York and Europe, with fears sparked by the global slump in oil prices and the Greek political crisis.
Saturday, January 3, 2015
The energy-rich former Soviet republic of Turkmenistan devalued its currency against the U.S. dollar by 18 percent Thursday, in the latest sign of contagion among Russia's neighbors from the plunging ruble.
Monday, December 29, 2014
Bank of Thailand cuts growth forecasts for '14, '15 on spending, recovery rate
The Bank of Thailand has slashed economic growth forecast for 2014 to 0.8 percent from 1.5 percent and for 2015 to 4 percent from 4.8 percent, because of lower-than-expected government spending and slow recovery of private investment, tourism income and export expansion.
Sunday, November 23, 2014
An Asian resurgence is around the corner, notwithstanding the sluggishness in global growth and persistent geopolitical rivalries.
Wednesday, November 12, 2014
Leading world economies are spending US$88 billion a year in fossil fuel exploration subsidies, sapping investment from low-carbon alternatives and increasing the risk of "dangerous climate change," a report said Tuesday.
Tuesday, November 11, 2014
Seoul and Beijing wrap up talks, agree to terms of free trade deal
South Korea says it has agreed to sign a free trade deal with China that will remove tariffs on more than 90 percent of goods over two decades but won't include rice or autos.
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