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Asia Economy

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  • SHANGHAI, Sept 17- China's central bank is injecting a combined 500 billion yuan of liquidity into the country's top banks in moves to support a slowing economy, the Wall Street Journal reported, sending benchmark money market rate sharply lower on Wednesday.

  • DIARY - Top economic Events to Sept 29 Tuesday, 16 Sep 2014 | 8:01 PM ET

    STOCKHOLM- Sveriges Riksbank will release the minutes of September monetary policy meeting- 0730 GMT. STOCKHOLM- Sweden Central Bank Deputy Governor Martin Floden speaks on the topic "The economic situation and my views on monetary policy"- 0900 GMT.

  • Survey finds skepticism about trade's benefits Tuesday, 16 Sep 2014 | 6:17 PM ET

    They doubt that global economic ties create jobs or raise wages, an international survey conducted by the Pew Research Center shows. But people China and other low- and middle-income countries are far more convinced that trade delivers jobs and higher wages, Pew said Tuesday in releasing the results of its survey of 48,643 people in 44 countries.

  • JERUSALEM, Sept 16- Israel's economy grew at an annualised rate of 1.5 percent in the second quarter, slower than previously thought and its weakest level since early 2009, the Central Bureau of Statistics said on Tuesday.

  • *ECB openly addresses economic benefits of weaker euro. FRANKFURT/ TOKYO/ WASHINGTON, Sept 16- Attempts by the European Central Bank to weaken the euro have the potential to spark a currency war but policymakers across the world are keeping silent, knowing the ECB has scant alternatives to keep its economy afloat.

  • World Bank: Palestinian economy to shrink in 2014 Tuesday, 16 Sep 2014 | 4:29 AM ET

    RAMALLAH, West Bank— The Palestinian economy is expected to contract for the first time in seven years in 2014, the result of the recent Gaza war, continued Israeli and Egyptian restrictions on Palestinian trade and a drop in foreign aid, the World Bank said Tuesday.

  • *Slowdown in China imports would drag on global soybean prices. *China demand for soyoil, soymeal hurt by tepid economic growth. "The first half of the year was the worst on record for the industry," said a Singapore- based senior official at an international trading company, which owns soybean processing facilities in China.

  • HONG KONG, Sept 16- China shares had their worst day in more than six months on Tuesday, as investors continued to fret about weak economic data and started to worry about liquidity as a new batch of initial public offerings loomed.

  • China shares flat at midday as economy worries linger Tuesday, 16 Sep 2014 | 12:58 AM ET

    *Eleven companies to list in Shanghai market. *Gold shares up on expected early start to trade plan. SHANGHAI, Sept 16- China shares fell early Tuesday on worries about the economy, but the losses were erased and indexes flat at midday thanks to support from resource companies.

  • Mobius: Not worried about China hard landing Tuesday, 16 Sep 2014 | 12:32 AM ET
    Mark Mobius, executive chairman of Templeton Asset Management's Emerging Markets Group.

    While recent economic data out of China has painted a grim picture of the world's second largest economy, Mark Mobius says he's not worried about a hard landing.

  • NYMEX-U.S. oil retreats on softer economic data Monday, 15 Sep 2014 | 8:29 PM ET

    It settled 65 cents a barrel higher at $92.92 on the previous session, recovering by more than $2 a barrel after falling earlier in the session towards 16- month lows. *November Brent gained 20 cents a barrel to $98.08 after it ended 8 cents lower at $97.88.

  • Why ING disagrees with OECD's forecasts     Monday, 15 Sep 2014 | 7:17 PM ET

    The OECD downgraded its growth forecast for the U.S. but maintained its China outlook. Hans Stoter, Chief Investment Officer at ING Investment Management, discusses the logic behind the move.

  • *Gulf better able to handle U.S. rate hikes than most regions. *Bahrain and Oman budgets, Dubai property market may be losers.

  • HONG KONG/ BEIJING, Sept 15- Data showing that the Chinese economy quickly lost steam in August caused some economists on Monday to trim their 2014 growth forecasts for the country. Barclays Capital reduced its projection to 7.2 percent from 7.4.

  • LAUNCESTON, Australia, Sept 15- The pressing problem for some resource-rich countries isn't that prices for commodities have dropped sharply, it's that their currencies haven't dropped in tandem.

  • HONG KONG, Sept 15- A disappointing first year for Shanghai's much-hyped free-trade zone, seen as a pet project of Premier Li Keqiang and billed as a reform laboratory, raises questions about China's commitment to opening up its markets as it wrestles with a slowing economy.

  • SHANGHAI/ HONG KONG, Sept 15- China shares fell early Monday on worries rooted in a slew of weaker-than-expected economic data, while Sinopec Corp led a bigger slide in the Hong Kong market.

  • Abe 'neutral' on whether to raise Japan sales tax Monday, 15 Sep 2014 | 12:08 AM ET
    Japanese Prime Minister Shinzo Abe

    Japanese PM Shinzo Abe said on Sunday he remained "neutral" on whether to proceed with a hike in Japan's sales tax to 10 percent.

  • Is fresh China stimulus a done deal? Sunday, 14 Sep 2014 | 11:32 PM ET

    Economists expect Beijing to turn on the stimulus taps to prop up the economy following a sharp deceleration in activity growth in August.

  • More China mini-stimlus on the way: Macquarie     Sunday, 14 Sep 2014 | 11:32 PM ET

    Larry Hu, Head of China Economics at Macquarie, says authorities will launch more mini-stimulus measures in infrastructure, housing and environmental projects.

Contact Asia Economy

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