GO
Loading...

Enter multiple symbols separated by commas

Asia Economy

More

  • His best move is to go straight to the people for support, "said Zhang Lifan, a Beijing- based historian and independent political commentator. On each occasion, he was met and seen off by cheering, clapping crowds who seemed barely able to contain their enthusiasm, in a style reminiscent of Communist China's founder Mao Zedong or current North Korean leader Kim...

  • BEIJING, May 28- China's factories struggled to expand in May despite recent interest rate cuts and other policy stimulus, a Reuters poll showed, suggesting the government may have to do more to halt a protracted slowdown in the economy. The flash HSBC/ Markit PMI released last week showed factory activity contracted for a third month in May and output shrank at...

  • MANILA, May 28- Philippine economic growth unexpectedly slowed to a six-year low in the first quarter, but the central bank said it would not ease policy as consumer and public spending were set to pick up. Still, economists doubted Manila's 7-8 percent growth target for the full year could be met without additional interest rate cuts or a sharp increase in fiscal...

  • BANGKOK, May 28- Thai factory output tumbled more than expected in April, the latest evidence that the country's key economic engines remain wobbly and the junta is struggling to move the economy forward. With exports and domestic demand still weak, Southeast Asia's second-largest economy has not regained traction one year after the army took power to end...

  • Philippine economic growth slows to 5.2 percent in 1Q Thursday, 28 May 2015 | 12:28 AM ET

    MANILA, Philippines— Sluggish government spending slowed Philippine economic growth in the first quarter of this year, officials said Thursday. Decades of corruption in government, and vulnerability to natural disasters such as typhoons, have meant the Philippines lagged other Southeast Asian nations such as Thailand, Malaysia and Singapore in economic...

  • SHANGHAI, May 28- China's yuan was little changed against the dollar on Thursday as the central bank kept its daily guidance rate largely steady, a sign that monetary authorities are keen to keep the currency stable for now, traders said. "The market is quite balanced today, with no big money flows pushing the yuan in either direction," said a trader at a Chinese...

  • India releases GDP Friday: Here's what to expect Wednesday, 27 May 2015 | 9:57 PM ET
    Prime Minister Narendra Modi

    When India releases it's GDP that is expected to show that it's growth is beating China's, skeptics could be forgiven for asking why it feels so slow.

  • StanChart: Japan is our top pick in Asia   Wednesday, 27 May 2015 | 9:12 PM ET
    StanChart: Japan is our top pick in Asia

    Steve Brice, chief investment strategist at Standard Chartered, says Japan is the only country in Asia that has "consistently outperformed in earnings" and a weak yen suggests that trend will continue.

  • Surging Shanghai stocks a bubble: China strategist Wednesday, 27 May 2015 | 8:46 AM ET
    Investors observe stock market at a stock exchange corporation on April 7, 2015 in Huaibei, Anhui province of China.

    There's a "total disconnect" between Shanghai's booming stocks and the Chinese economy, a China strategist says.

  • *U.S. expected to press Europe to reach deal on Greece. DRESDEN, Germany, May 27- Little more than a gentlemen's club in recent years, G7 finance ministers and central bankers have their work cut out this week to revive stuttering global growth and defuse tensions over China's growing economic clout. The United States is likely to use the talks, beginning late on...

  • Bernanke: No risk of hard landing in China Wednesday, 27 May 2015 | 2:48 AM ET
    Former Federal Reserve Chairman Ben Bernanke

    Ben Bernanke said that China's economic slowdown should not worry markets as there was no risk of a hard landing.

  • *Signs of Greek woes spreading to Spain dent risk appetite. TOKYO, May 27- Asian stocks sagged and the dollar stood tall on Wednesday on growing prospects the Federal Reserve was on track to raise interest rates later this year and concerns that financial woes could engulf Spain in addition to Greece. Spreadbetters expected a modestly higher open for Britain's...

  • *Former Fed chief Bernanke says China slowdown necessary. SEOUL, May 27- Former Federal Reserve Chairman Ben Bernanke said that China's economic slowdown should not worry markets as there was no risk of a hard landing, and emphasised that a move to raise U.S. rates should be viewed as a positive sign for the world's largest economy. Bernanke, who participated in an...

  • China industrial profits reverse falling trend Wednesday, 27 May 2015 | 12:01 AM ET
    hinese workers dig out part of a small tunnel underground while working on a new subway line in Beijing, China.

    Chinese industrial sector profits posted their first annual rise since last September, in a sign margin pressure on firms might be easing.

  • China's investment scheme that could unleash billions Tuesday, 26 May 2015 | 11:47 PM ET
    An archway posted with the sign of China (Shanghai) Pilot Free Trade Zone is surrounded by scaffolding in Shanghai.

    China will soon launch a new pilot scheme in six cities allowing individuals to invest directly overseas, the official Securities Times reported.

  • *Signs of Greek woes spreading to Spain dent risk appetite. TOKYO, May 27- Asian stocks sagged and the dollar stood tall on Wednesday on growing prospects the Federal Reserve was on track to raise interest rates later this year and concerns that financial woes could engulf Spain in addition to Greece. Taking a lead from Wall Street's slide, MSCI's broadest index of...

  • The Bank of Japan's decision makers remained concerned their 2 percent inflation goal would be difficult to keep, meeting minutes show.

  • Bass 'dead wrong' on Japan   Tuesday, 26 May 2015 | 5:34 PM ET
    Bass 'dead wrong' on Japan

    Hedge fund manager Kyle Bass shared his view on Japanese rates on Real Vision TV, and the "Fast Money" traders discuss the way to play Japan.

  • Chinese nuclear power company plans $2 billion IPO Tuesday, 26 May 2015 | 11:26 AM ET
    The Taishan Nuclear Power Plant under construction in Taishan, Guangdong province, China.

    A Chinese nuclear power firm is set to become one of the country's largest domestic listings when it floats on the Shanghai Stock Exchange.

  • *Euro stuck below $1.1000, Greek concerns persist. SYDNEY/ TOKYO, May 26- The dollar scaled a one-month high against a basket of major currencies on Tuesday, having remained bid after comments from Federal Reserve Chair Janet Yellen reinforced a tightening bias on interest rates. Yellen made it clear that the Fed will hike rates and under such conditions the...

Contact Asia Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.