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Archive Asia Economy

  • HONG KONG— World stock markets were mixed on Friday as oil prices stabilized and investors assessed Beijing's moves to tighten up on some Chinese companies as well as the latest survey on eurozone economic growth. Britain's FTSE 100 slipped 0.3 percent to 7,418.06. ASIA'S DAY: Japan's benchmark Nikkei 225 index finished 0.1 percent higher at 20,132.67 and...

  • ULTIMO, NEW SOUTH WALES, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "Speed Limits and Stall Speeds: Fostering Sustainable Growth in the United States" before the University of Technology Sydney Seminar- 0510 GMT. SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The Global Growth...

  • BRUSSELS- European Central Bank President Mario Draghi participates in the European Council Meeting in Brussels, Belgium. NASHVILLE, Tennessee- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy before the Illinois Bankers Association 126th Annual Conference- 1515 GMT.

  • BRUSSELS- European Central Bank President Mario Draghi participates in the European Council Meeting in Brussels, Belgium. NASHVILLE, Tennessee- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy before the Illinois Bankers Association 126th Annual Conference- 1515 GMT.

  • Robert Lighthizer speaks after he was sworn as U.S. Trade Representative during a ceremony at the White House in Washington, May 15, 2017.

    China's market economy status in the World Trade Organization falls within one of Lighthizer's areas of expertise, Financial Times reports.

  • Most China crash predictions are looking at the wrong scenario, said Michael Buchanan, head of strategy at Singapore wealth fund Temasek.

  • DUBAI, June 22- Etihad Airways is to open up its lounges to economy class passengers for a fee and will start charging for chauffeur services that had been complimentary as it joins rivals in looking for new ways to boost revenues. The changes, announced on Thursday, come amid a strategy review at the Abu Dhabi carrier as once rapidly expanding Gulf airlines face...

  • Workers unload coal at a storage site along a railway station in Hefei, Anhui province.

    China drove a decade-long explosion in prices in the 2000s. Here's how China is changing long-established trading traditions on the scene.

  • A woman walks past the headquarters of the People's Bank of China in Beijing, China.

    China's central bank will not take action to shrink its balance sheet like the U.S. Federal Reserve, adviser says.

  • Chinese flag

    The troubles surrounding Chinese insurer Anbang are part of a "house-cleaning" that was "well overdue," an industry expert said Thursday.

  • **LONDON- Kristin Forbes, an external member of the Bank's Monetary Policy Committee, gives speech at the London Business School- 1800 GMT. **LONDON- Chris Salmon, Executive Director, Markets, Bank of England, gives opening remarks at the City Mental Health Alliance Graduate Wellbeing in the City event- 1200 GMT. WASHINGTON- Federal Reserve Board Governor Jerome...

  • **LONDON- Kristin Forbes, an external member of the Bank's Monetary Policy Committee, gives speech at the London Business School- 1800 GMT. **LONDON- Chris Salmon, Executive Director, Markets, Bank of England, gives opening remarks at the City Mental Health Alliance Graduate Wellbeing in the City event- 1200 GMT. WASHINGTON- Federal Reserve Board Governor Jerome...

  • DUBAI, United Arab Emirates— He is known as MBS and his rise through Saudi Arabia's corridors of power has been shockingly swift. At age 31, Mohammed bin Salman already controlled the kingdom's defense policy and was overseeing a massive internal economic overhaul with the backing of his father, King Salman. His sudden appointment Wednesday to the position of...

  • BEIJING, June 21- A U.S. business lobby, speaking ahead of economic talks between the United States and China, said Washington may contemplate taking action against Beijing if more progress is not made in addressing trade disputes. China and the United States agreed to 100 days of trade talks after U.S. Trade tension between the two countries subsided following...

  • TOKYO, June 21- Japan and the European Union are nearing a broad agreement on a free trade pact, Japanese Foreign Minister Fumio Kishida and a senior EU trade official agreed on Wednesday, the foreign ministry said. Japan and the European Union have been negotiating an Economic Partnership Agreement since 2013 to promote trade and investment by eliminating...

  • Japanese firms will continue to acquire overseas assets more aggressively to increase their market share in the global economy, a JPMorgan report says.

  • NEW DELHI— The daily bustle of tourists and shoppers has died down in an upscale market in central New Delhi, but a toy shop owner is still busy poring over new Indian tax rules that take effect next month. The new tax regime— replacing a messy mix of state and federal taxes built up over seven decades of Indian commerce— will affect the final price of every board game...

  • An investor walks past an electronic screen showing stock information at a brokerage house in Nanjing, Jiangsu province, January 19, 2016.

    MSCI plans to add mainland Chinese shares to its benchmark EM index, but the stamp of approval may not help investors, say some analysts.

  • *Thomson Reuters/ INSEAD Asian Q2 sentiment index 74 vs 70 Q1. SHANGHAI, June 21- Business confidence in Asia rose to a three-year-high in the second quarter of the year, propelled by a slew of favourable economic data across the region and easing concerns over the health of China's economy, a Thomson Reuters/ INSEAD survey showed. The Thomson Reuters/ INSEAD Asian...

  • NEW DELHI— The daily bustle of tourists and shoppers has died down in an upscale market of central New Delhi, but one toy shop owner is still busy poring over the new Indian tax rules that take effect next month. The new tax regime— replacing the messy mix of state and federal taxes built up over seven decades of Indian commerce— will affect the final price on every...

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