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
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.
Tuesday, August 6, 2013
China's impact on economic growth in Asian countries including Taiwan has expanded in relation to that of the United States in the last five years, a study showed Monday.
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.