Friday, November 30, 2012
Asia is an “oasis of growth” for the world today and is poised to drive global economic expansion, said CIMB Holdings BHD group chief executive Nazir Razak.
Wednesday, November 21, 2012
Southeast Asia is expected to be a hot spot for growth for global investment banks while more consolidation is expected to reduce the number of major players to around 10 or less within the next three to five years, from the current 14.
Thursday, November 8, 2012
The Asia-Pacific countries should reduce nontariff trade barriers and emphasize strengthening regional connectivity for trade facilitation within the region, discussants said at an international conference.
Tuesday, November 6, 2012
ASEAN and its six dialogue partners of Australia, New Zealand, Japan, India, South Korea and China are set to launch a regional free trade agreement (FTA) later this month, an official said Sunday.
Friday, November 2, 2012
Big Asian economies are slowly picking up after a year spent battling against global headwinds, according to business surveys and data released on Thursday that showed renewed vim from China's factory sector and a rebound in South Korean exports.
Tuesday, October 23, 2012
Asia should set up a regional spot market for natural gas trading to reduce its high acquisition costs, the International Energy Agency (IEA) chief said Monday.
Tuesday, October 16, 2012
Senior finance officials from Asia and Europe met Monday for talks on the global economy in the face of growing nervousness about the worldwide fallout of the eurozone debt crisis.
Friday, October 12, 2012
Asian economies will likely register another year of weak growth in 2013, despite pockets of mild recovery expected in some countries as central banks continue to keep policy accommodative, a Reuters poll showed.
Wednesday, October 10, 2012
Japan and South Korea will not renew a US$57 billion currency swap facility designed to protect their economies against financial crisis, a decision they said was not related to a territorial dispute that has cast a chill over ties between the neighbors.
Tuesday, October 9, 2012
The World Bank on Monday slashed its 2012 growth forecast for developing countries in East Asia and the Pacific to 7.2 percent, dragged down by China's worst economic performance in 13 years.