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Asia Economy

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  • BANGKOK, April 23- Thailand's central bank left its benchmark interest rate unchanged on Wednesday, as expected, but said full-year growth may come in weaker than forecast due to the toll from prolonged political unrest.

  • SINGAPORE, April 23- The Australian dollar slid on Wednesday after data showed that Australian consumer prices rose less than expected in the first quarter, lessening the risk of a rise in domestic interest rates this year. Other major currencies were subdued, with the euro edging up 0.1 percent to around $1.3817, while the dollar eased 0.1 percent to 102.55 yen.

  • Japan inflation likely already beaten forecast: Kuroda Wednesday, 23 Apr 2014 | 12:00 AM ET

    Bank of Japan Governor Haruhiko Kuroda said consumer inflation may exceed the central bank's projection in the fiscal year that ended in March.

  • *Deputy governor says Japan can withstand tax hike pain. TOKYO, April 23- Bank of Japan Governor Haruhiko Kuroda said consumer inflation may exceed the central bank's projection in the fiscal year that ended in March, voicing confidence the world's third-largest economy continues to make headway in meeting its price target.

  • *Risk sentiment bolstered by gains in US, Europe. SYDNEY/ SINGAPORE, April 23- Asian stock markets were little moved on Wednesday after a Chinese manufacturing survey met expectations, but the Australian dollar plunged to a two-week low after data showed surprisingly low inflation in that country's economy.

  • Survey: China manufacturing shrinks for 4th month Tuesday, 22 Apr 2014 | 10:18 PM ET

    HONG KONG— Factory activity in China shrank for the fourth straight month in April, though the decline was slightly slower, a survey on Wednesday said, in a possible sign the slowdown in the world's No. 2 economy is stabilizing.

  • DIARY - Top Economic Events to May 6 Tuesday, 22 Apr 2014 | 8:01 PM ET

    LONDON- Bank of England will release the minutes of April Monetary Policy Committee meeting- 0830 GMT. HELSINKI- Finnish Prime Minister Jyrki Katainen, Finance Minister Jutta Urpilainen and The Finns Party leader Timo Soini participate in a election debate- 1300 GMT.

  • Bernanke regrets not explaining crisis better Tuesday, 22 Apr 2014 | 3:46 PM ET

    Federal Reserve Chairman Ben Bernanke said he could have done a better job in helping people understand the action the central bank took during the financial crisis.

  • Hedge funds still loving Japan despite losses Tuesday, 22 Apr 2014 | 11:19 AM ET
    Eric Mindich, founder and chief executive officer of Eton Park Capital Management Ltd.

    Hedge fund managers like Eton Park and Eclectica are still bullish on Japan despite a painful start to the year.

  • LONDON, April 22- M&A talk in the pharmaceutical sector lifted European shares on Tuesday, but failed to support the euro, which held at a two week low against the dollar on rising expectations of further policy easing by the European Central Bank.

  • Obama visit to Asia seen as counterweight to China Tuesday, 22 Apr 2014 | 3:22 AM ET

    TOKYO— President Barack Obama's travels through Asia in coming days aim to reassure partners about the renewed U.S. commitment to the region, with an eye both to China's rising assertiveness and the fast-growing markets that are the center of gravity for global growth.

  • BEIJING, April 22- Multinational firms are planning to invest less in China because of market access barriers and slowing growth in the world's second-largest economy, a U.S. business lobby said on Tuesday.

  • DIARY - Emerging markets economic events to May 2 Monday, 21 Apr 2014 | 8:02 PM ET

    April 22- For other related diaries, please. MANILA- Asian Development Bank will launch its latest Asian Economic Integration Monitor, a semiannual review of Asia's regional economic cooperation and integration. COLOMBO- Sri Lanka Central Bank announces interest rate decision- 0130 GMT.

  • Japan is open for business: Shinzo Abe Monday, 21 Apr 2014 | 9:49 AM ET
    Japan's Prime Minister Shinzo Abe and President Barack Obama attend the opening session of the at the 2014 Nuclear Security Summit on March 24, 2014 in The Hague, Netherlands.

    As Obama visits, Japan is accelerating the pace of negotiations on economic partnerships to open its economy further, says Prime Minister Shinzo Abe.

  • TOKYO, April 21- Japan suffered its worst annual trade deficit in March as exports growth slowed to its weakest in a year, suggesting a rapid loss of economic momentum that may prompt policy makers into early action as a national sales tax hike puts more strain on growth.

  • Asian stocks mixed after holiday weekend Sunday, 20 Apr 2014 | 11:16 PM ET

    BEIJING— Asian stocks were mixed Monday in light trading after Japan reported a jump in its trade deficit and investors looked ahead to economic data this week from China and Korea. Oil declined but stayed above $104 per barrel amid concern over simmering tensions in Ukraine.

  • Japan logs record $134B trade deficit in FY 2013 Sunday, 20 Apr 2014 | 8:43 PM ET

    TOKYO— Japan's trade deficit surged nearly 70 percent to a record 13.75 trillion yen in the last fiscal year, the third straight year of deficit, as exports failed to keep pace with surging energy costs.

  • Japan's export growth slows sharply in March Sunday, 20 Apr 2014 | 7:55 PM ET

    Japan's exports rose 1.8 percent in March from a year earlier, well below analyst expectations in a Reuters poll for a rise of 6.3 percent, data on Monday showed.

  • Bleak future for Australian manufacturing Sunday, 20 Apr 2014 | 2:44 AM ET

    Several thousand jobs will be lost in Australia by 2017 as the curtain comes down on a century of car manufacturing Down Under.

  • 'Big differences' in US-Japan trade talks Friday, 18 Apr 2014 | 2:06 PM ET
    People walk through a shopping street in Sendai, Miyagi Prefecture, Japan.

    Talks between the U.S. and Japan are making progress and will resume again on Monday, Japan's economy minister said.

Contact Asia Economy

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