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IMF urges China to accelerate reforms, predicts 'strong growth'
China's economy is expected to grow by 6.7 per cent this year and can "safely sustain strong growth" over the medium term, a report by the International Monetary Fund (IMF) said Wednesday, while urging the country to accelerate reform across various sectors.
 
Chinese exports, imports beat forecasts but analysts wary
China on Thursday posted a forecast-busting surge in exports and imports in May, signalling improvement in the world's number two economy, but there were warnings Beijing would struggle to maintain its momentum.
 
Australia marks a record 26 years without a recession
Australia marked a world-record 26 years without a recession Wednesday after official figures showed another quarter of economic expansion, but analysts warned of uncertain times ahead as growth slows.
 
Taiwan-based PC brand Asustek Computer Inc. (華碩) said on Wednesday that it plans to start selling its home robot "Zenbo" in China at the end of September after the gadget hit the Taiwan market earlier this year.
 
Shares of Taiwan-based metal casing supplier Catcher Technology Co. (可成) rose sharply Tuesday, outperforming the broader market, after the company reported on Monday an almost 20 percent month-on-month increase in sales for May.
 
Hon Hai Precision Chairman Terry Gou confirmed that his company had secured the support of Apple and Amazon for its bid for Toshiba, foreign media reported.
 
Toshiba's future imperiled by shaky ethics, nuclear fiascos
Japanese technology giant Toshiba Corp.'s last-gasp strategy for staying afloat -- selling its prized computer chip operations -- may buy the company time but is no cure-all.
 
Tokyo stocks fell Friday as energy firms were hit by an OPEC decision not to cut output more to buoy oil prices, but videogame giant Nintendo hit an eight-year high on rosy sales prospects.
 
Japan inflation ticks up in April as oil prices rebound
Japan's core consumer price index climbed to a two-year high in April of 0.3 percent, as costs for energy rose.
 
Tokyo stocks closed higher Thursday as the yen weakened following a Bank of Japan (BoJ) board member's hint that its huge monetary easing policy would remain in place.
 
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