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Asia Economy

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  • April 16- The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed.

  • POLL-Low inflation to linger for years in euro zone Wednesday, 16 Apr 2014 | 10:16 AM ET

    April 16- The euro zone is set for at least two more years of low inflation, held down by a strong currency and anaemic economic and jobs growth, and still faces a very real threat of deflation, a Reuters poll showed on Wednesday.

  • BEIJING, April 16- China's economy expanded 7.4 percent between January and March, its slowest pace in 18 months, prompting authorities to act for the second time in as many weeks to shore up growth.

  • Alibaba's road to IPO     Wednesday, 16 Apr 2014 | 7:33 AM ET

    Stephen Roach, Yale School of Management, discusses Alibaba's pending public debut, and the likelihood of U.S. companies to penetrate China's vast social network.

  • Services key to China's new economy     Wednesday, 16 Apr 2014 | 7:05 AM ET

    Stephen Roach, Yale School of Management, shares perspective on China's economic reforms.

  • China GDP hits 18-month low     Wednesday, 16 Apr 2014 | 6:11 AM ET

    China's economy grew an annual 7.4 percent in the first quarter, beating expectations, reports CNBC's Eunice Yoon.

  • BEIJING, April 16- China shares closed a touch higher on Wednesday after slightly better-than-expected first-quarter growth data eased worries about a dramatic slowdown in the Chinese economy. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.1 percent.

  • FOREX-Aussie off lows after China GDP; yen edges down Wednesday, 16 Apr 2014 | 12:42 AM ET

    *Tokyo shares extend gains on Japan finmin comments on GPIF. SINGAPORE, April 16- The Australian dollar pared losses on Wednesday after China's first-quarter economic growth slightly exceeded expectations and helped underpin risk sentiment.

  • Asia stocks fail to match Wall Street gains Wednesday, 16 Apr 2014 | 12:07 AM ET

    TOKYO— Shares rose Wednesday in Asia as positive sentiment from strong corporate earnings outweighed Ukraine's crisis and slower economic growth in China.

  • BEIJING, April 16- China's economy grew at its slowest pace in 18 months in the first quarter of 2014, official data showed on Wednesday, with signs of waning momentum already prompting limited government action to steady the world's second-largest economy. It was China's slowest annual growth since the third quarter of 2012, when growth was also 7.4 percent.

  • BEIJING— CORRECTION: China's economic growth slows to 7.4 percent, slowest since third quarter of 2012..

  • SYDNEY, April 16- Commodity currencies nursed heavy losses early on Wednesday, while the other major currencies struggled for clear direction as investors kept a nervous eye on developments in Ukraine and ahead of a slew of Chinese economic data.

  • *Data due at 10 a.m. local time/ 0200 GMT. BEIJING, April 16- China is expected to report its slowest growth in five years on Wednesday, a Reuters poll shows, with signs of waning strength in the first quarter of 2014 already prompting government action to steady the world's second-largest economy.

  • ISTANBUL, April 15- An annual meeting of Turkey's central bank on Thursday will be closely watched for signs that Prime Minister Tayyip Erdogan's government, strongly opposed to high interest rates, is trying to boost its influence over monetary policy.

  • Kyle Bass: Japanese bonds look 'terrible'     Tuesday, 15 Apr 2014 | 10:40 AM ET

    Hayman Capital's Kyle Bass believes Wall Street's recent selloff has shown cracks in the Japanese economy.

  • Asia shares rise, shrug off slower China growth Tuesday, 15 Apr 2014 | 2:54 AM ET

    TOKYO— World stock markets were mostly lower Tuesday as Ukraine tensions continued to bubble and jitters about China's economy resurfaced. Hong Kong's Hang Seng was down 1.6 percent at 22,671.26 as a drop in China's money supply unnerved investors ahead of first quarter economic growth figures due Wednesday.

  • TOKYO, April 15- Nerves got the better of Asian share markets on Tuesday as they turned lower after an upbeat U.S. retail sales report was eclipsed by soft data from China, providing a stark reminder to investors of the headwinds facing the world's second-largest economy.

  • Spain eyes stronger economic ties with UAE visit Monday, 14 Apr 2014 | 4:56 AM ET

    ABU DHABI, United Arab Emirates— King Juan Carlos of Spain began a visit to the Persian Gulf region on Monday by telling United Arab Emirates officials that deepening ties with their oil-rich country was a top priority, highlighting the role wealthy Arab states could play in shoring up the battered Spanish economy.

  • *Thailand expected to post slowest GDP growth in Asia. BANGKOK, April 14- The golden Buddha statues, amulets and lucky charms that festoon Sakuntala Mettawong's tiny Bangkok cellphone shop are not helping business.

  • Vietnam releases dissidents amid foreign pressure Monday, 14 Apr 2014 | 1:14 AM ET

    HANOI, Vietnam— Vietnam has granted early release to two high-profile dissidents, bringing the number of democracy activists freed this month to three in what the government called a "policy of leniency." The unusual moves come as Hanoi is negotiating a free trade deal with the United States that is expected to help Vietnam's stumbling economy.

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