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Archive Asia Economy

  • his picture taken on December 14, 2012 from China's northeastern city of Dandong, looking across the border, shows a North Korean military officer (R) and a North Korea man (L) standing behind a pile of coal along the banks of the Yalu River in the northeast of the North Korean border town of Siniuju.

    A surprise announcement from Beijing last weekend that it had banned coal imports from North Korea is causing a fracas in China’s coal market.

  • Singapore, whose progress has been tied to investments by multinational firms, presented a budget that has few incentives to draw more of such investors.

  • Israel's Prime Minister Benjamin Netanyahu (centre R) and his Singaporean counterpart Lee Hsien Loong (C) inspect the guard of honour during a welcoming ceremony at the Istana presidential palace in Singapore on February 20, 2017.

    During a visit to Singapore, Israeli Prime Minister Benjamin Netanyahu said on Monday that his country was pursuing greater ties across Asia.

  • BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University students- 2030 GMT. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on the economy and the role of the Federal Reserve before the Financial...

  • BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University students- 2030 GMT. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in conversation on the economy and the role of the Federal Reserve before the Financial...

  • Singapore outlines strategies in annual budget to improve capabilities of firms and workers amid shifts in global economic landscape.

  • *Orders from China +5.5 pct, from U.S. +4.8 pct. TAIPEI, Feb 20- Orders for Taiwan's exports rose for a sixth straight month in January on strong global demand for hi-tech gadgets such as Apple Inc's iPhones and Chinese smartphones, bolstering the government's view that economic growth could hit a three-year high this year. Taiwan's export orders are a leading...

  • Japan Airlines Co. (JAL) group companies' new employees line up on Tuesday, April 1, 2014.

    Japan's move to put the kibosh on karoshi, or 'death by overwork,' by addressing excessive overtime may hit growth, Deutsche Bank said.

  • China will drive copper demand, spurring a supply deficit for much of the next five years, says Citi Research analysts.

    Supply concerns and market expectations of growing demand from China are pushing Doctor Copper back on the market.

  • *Q4 GDP +0.4 pct q/q sa, vs +0.6 pct in poll. *Q4 GDP +3.0 pct y/y, same as poll forecast. BANGKOK, Feb 20- Thailand's economy expanded less than expected in the last quarter of 2016 and the government left its forecast for growth this year unchanged, indicating recovery will remain a slow process.

  • ULAANBAATAR, Mongolia— The Mongolian government and envoys from the International Monetary Fund said Sunday that they and other partners have agreed on terms for a more than $5 billion loan package to the north Asian country to help get its economy back on track. The Asian Development Bank, World Bank, Japan and South Korea are together expected to provide up to...

  • The analysis released Saturday by the International Centre for the Study of Radicalisation and Political Violence and the accounting firm EY found that the self-proclaimed caliphate's financial resources have been drained substantially since the days beginning in mid-2014 when it captured banks, oil wells and entire warehouses of weapons as it...

  • LONDON, Feb 17- The dollar was stuck near a one-week low against a basket of currencies on Friday after upbeat economic data failed to lift Treasury yields, with concerns about policy under president Donald Trump quelling hopes of a new rally in the currency. It traded less than 0.2 percent higher on the day in morning trade in Europe at 100.64, having hit an...

  • India’s central bank is determined to look through headline inflation figures and focus on core trends to meet its medium-term target.

  • MUMBAI, Feb 17- Denny Jose, a small-town caterer in the southern Indian state of Kerala, was closely watching the Indian central bank meeting last week. Newspapers and markets were forecasting the Reserve Bank of India would cut its key rate by a quarter of a percentage point. But the RBI held rates and moved to a "neutral" policy stance, signaling an end to India's...

  • Deepika Padukone attends a publicity event for the Paramount Pictures title 'xXx: Return of Xander Cage' on February 9, 2017 in Beijing, China.

    A US-China film deal expires today, paving the way for a round of talks over what could be a major deal under President Trump.

  • TOKYO, Feb 17- Japan's exports are seen rising for the second straight month in January, supported by a global economic recovery and a soft yen while imports are expected to rise for the first time in about two years, a Reuters poll showed on Friday. "The global economy continued its recovery trend thanks to a pickup in emerging economies," said Takeshi Minami, chief...

  • TOKYO, Feb 17- The dollar wallowed near a one-week low against a basket of currencies on Friday after upbeat economic data failed to lift Treasury yields, with underlying concerns about U.S. trade policy capping greenback attempts to bounce. Federal Reserve Chair Janet Yellen spoke in support of a near-term rate hike and the markets also saw robust U.S....

  • TOKYO, Feb 17- The dollar was stuck near a one-week low against a basket of currencies early on Friday, after upbeat U.S. economic data failed to lift Treasury yields. Federal Reserve Chair Janet Yellen spoke in support of a near-term rate hike and the markets also saw robust U.S. inflation and retails sales data. Indicators released on Thursday shed more positive...

  • SINGAPORE- Federal Reserve Bank of Cleveland President Loretta Mester speaks on "View From the Federal Reserve" before the Global Interdependence Center "Central Bank Series: Singapore" event- 0115 GMT. SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the Australia-Canada Economic Leadership Forum- 2230 GMT. WARSAW- National Bank of Poland...

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