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CNBC Franchise Archive Asia Economy

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  • LAHAINA, Hawaii— Trade ministers from a dozen Pacific Rim nations made significant progress this week toward a new trade agreement that would cover nearly 40 percent of the global economy, U.S. It would also clarify and standardize trade rules, making it easier for companies to sell goods and services in the Pacific Rim. The talks have also covered establishing...

  • Trade ministers from the 12 nations negotiating the Trans-Pacific Partnership, which would stretch from Japan to Chile and cover 40 percent of the world economy, delayed until 4 p.m. local time a news conference originally scheduled for 1:30 p.m. on the Hawaiian island of Maui. Dairy exports are a top sticking point, with New Zealand- which has said it will not...

  • WASHINGTON— Democratic presidential candidate Hillary Rodham Clinton and her husband, former President Bill Clinton, earned more than $139 million between 2007 and 2014, according to eight years of federal income tax returns released by her campaign on Friday. The bulk of the Clintons' income came from speeches delivered to corporate and interest groups by...

  • Pacific Rim free trade talks go down to the wire Friday, 31 Jul 2015 | 3:51 PM ET

    Trade ministers from the 12 nations negotiating the Trans-Pacific Partnership, which would stretch from Japan to Chile and cover 40 percent of the world economy, had a news conference scheduled for 1:30 p.m. local time on the Hawaiian island of Maui. Dairy exports are a top sticking point, with New Zealand- which has said it will not back a deal that is not good for...

  • Business events scheduled for the coming month Friday, 31 Jul 2015 | 1:40 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for June, 10 a.m.. WASHINGTON— Commerce Department...

  • *Gold eyes biggest monthly fall since June 2013. LONDON, July 31- Gold slipped on Friday and was on course for a sixth straight weekly fall, its longest retreat in 16 years, as the dollar remained firm after upbeat U.S. economic data encouraged bets on the Federal Reserve raising interest rates in September. "Gold is an asset that pays no interest or coupon and the rate...

  • LONDON, July 31- The dollar steadied near a one-week high against a basket of currencies on Friday and was on track for an almost 2 percent monthly rise, with the latest U.S. growth data supporting the case for the Federal Reserve to raise interest rates this year. "Expectations of a September rate hike were probably marginally firmed up on the growth data but it...

  • SEOUL, South Korea— China's stock market extended its loss for a second day while other Asian stocks were mostly up Thursday after data showed the U.S. economy posted solid growth during the second quarter. Japan's Nikkei 225 was flat at 20,525.29 while Hong Kong's Hang Seng index rose 0.4 percent to 24,602.11. Stocks in Australia and New Zealand were higher as...

  • *Greenback seen supported after US GDP backs rate rise view. *Dollar index takes breather after setting 1- week high. SINGAPORE/ TOKYO, July 31- The dollar backed off from a one-week high against a basket of currencies on Friday, but was still seen on firm footing after U.S.

  • TAIPEI, July 31- Taiwan's economic growth slowed more sharply than expected to a three-year low in the second quarter, hurt by a collapse in exports as a slowdown in major market China chilled demand for its line of key technology products. The growth slump in Taiwan, an important hub in the global supply-chain for tech giants such as Apple Inc. and...

  • *Tokyo core CPI marks first annual fall since April 2013. TOKYO, July 31- Japan's household spending unexpectedly fell and inflation stalled in June, heightening the chance the economy may have contracted in April-June and casting doubt on the central bank's view growth will rebound solidly in the current quarter. "If the BOJ were to ease this year, it will...

  • *Tokyo July core CPI falls 0.1 pct vs f'cast 0.0 pct. *Tokyo core CPI marks first annual fall since April 2013. TOKYO, July 31- Japan's annual core consumer inflation stalled and household spending unexpectedly fell in June, underscoring the challenges the central bank faces in reflating the economy to meet its ambitious 2 percent price target.

  • Shoppers visit a food market in Tokyo

    Japan's inflation target remains out of reach, with June core CPI for June barely budging and as households unexpectedly snapped their wallets shut.

  • DIARY-Top Economic Events to Aug 12 Thursday, 30 Jul 2015 | 8:00 PM ET

    LONDON- Bank of England holds Monetary Policy Committee meeting. LONDON- Bank of England announces interest rate decision- 1100 GMT. LONDON- Bank of England will release the minutes from its August policy meeting- 1100 GMT.

  • *Tokyo July core CPI falls 0.1 pct vs f'cast 0.0 pct. *Tokyo core CPI marks first annual fall since April 2013. Core consumer prices in Tokyo, a leading indicator of nationwide inflation, fell 0.1 percent in July, the first annual decline since April 2013.

  • TOKYO, July 31- Core consumer prices in Tokyo fell 0.1 percent in the year to July, government data showed on Friday, marking the first year-on-year decline since April 2013.

  • FOREX-Dollar rises as U.S. growth supports rate-hike view Thursday, 30 Jul 2015 | 10:18 AM ET

    Q2 GDP data supports view on Fed rate hike. *Greenback gains against major currencies. NEW YORK, July 30- The dollar rose to its highest level this week on Thursday as news of faster U.S. economic expansion in the second quarter supported the notion that the U.S.

  • What's fueling Chinese real estate 'feeding frenzy'? Thursday, 30 Jul 2015 | 7:08 AM ET
    What's fueling Chinese real estate 'feeding frenzy'?

    Barry Sternlicht, Starwood Capital CEO, shares his thoughts on Chinese investing in U.S. real estate in an attempt to find yield.

  • *Europe set for busy day of data. Europe's stock markets had initially started brightly but began to fade as attention switched from company earnings from the likes of Siemens and Deutsche Bank to upcoming euro zone unemployment, business sentiment and German inflation data. Q2 gross domestic product data also due later that could reinforce the rate hike view,...

  • TOKYO, July 30- Japanese government bonds edged down on Thursday, tracking U.S. Treasuries which dropped after the U.S. Federal Reserve left the door open for an interest rate hike as early as September.

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