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Asia Economy

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  • Philippines grows 6.4% in Q2, above forecast Wednesday, 27 Aug 2014 | 10:46 PM ET

    The Philippine economy grew an annual 6.4 percent in the second quarter, supported by strong growth in the industrial and services sectors.

  • Did China just announce a new stimulus package? Wednesday, 27 Aug 2014 | 10:15 PM ET

    The Chinese government launched a "fresh round of mini-stimulus" to counter growth headwinds, according to a Bank of America Merrill Lynch report.

  • China property launches to deepen inventory Wednesday, 27 Aug 2014 | 8:02 PM ET
    At a property trade fair in Beijing, China

    Property launches in China are set to surge with developers sticking to their schedules despite mounting inventories, spelling trouble for the market.

  • Indonesia's president-elect has much to prove Wednesday, 27 Aug 2014 | 7:50 PM ET
    Indonesian President Joko Widodo.

    After three months of shambolic and lackluster campaigning, the wildly popular governor of Jakarta was staring at defeat.

  • IPO to rekindle 'bromance' behind Alibaba's rise Wednesday, 27 Aug 2014 | 7:34 PM ET
    Alibaba Group chairman and CEO Jack Ma Yun.

    Son's nose for an investment has turned Alibaba into a stake worth $50 billion as the Chinese e-commerce giant heads for the biggest U.S. tech IPO.

  • Next wave of Korea craze about to start Wednesday, 27 Aug 2014 | 6:27 PM ET
    South Korean singer Psy

    As the Korean wave continues, lucrative foreign investments from France to China could spark the next rush for the country's pop culture.

  • JERUSALEM, Aug 27- The Bank of Israel warned the government on Wednesday that the budget deficit would reach at least 3.5 percent of gross domestic product in 2015 if taxes aren't raised and state spending is not reduced.

  • Closing of the Chinese mind: Chang     Wednesday, 27 Aug 2014 | 8:46 AM ET

    Gordon Chang, "The Coming Collapse of China" author, explains why he thinks China's attempt to develop its own PC and mobile operating system signals the country is closing itself off from the rest of the world. This is very bad for China, says Chang.

  • China's new foe     Wednesday, 27 Aug 2014 | 8:44 AM ET

    CNBC's Susan Li reports China is building its own operating system to compete with companies like Google, Apple and Microsoft.

  • BANGKOK, Aug 27- Thai exports unexpectedly slipped in July, showing that a key pillar of the country's economy remains weak at a time the military government is trying to rev up growth.

  • BANGKOK, Aug 27- Thai exports unexpectedly slipped in July, showing that a key pillar of the country's economy remains weak at a time the military government is trying to rev up growth.

  • MAS earnings in focus as staff brace for job cuts Wednesday, 27 Aug 2014 | 1:41 AM ET
    A Malaysia Airlines flight attendant prepares before take off.

    Malaysia Airlines staff now face a new ordeal - a quarter of them may lose their jobs at the unprofitable airline, hit by two jet disasters this year.

  • SYDNEY/ SINGAPORE, Aug 27- The dollar hit a 13- month peak against a basket of major currencies on Wednesday, with the euro still struggling amid expectations of further policy easing from the European Central Bank.

  • Japan data to turn up heat on BOJ debate Tuesday, 26 Aug 2014 | 11:21 PM ET

    A deluge of Japanese economic data on Friday is set to influence expectations on whether the Bank of Japan (BOJ) will top up its stimulus program.

  • Chinese developers offer hefty home discounts Tuesday, 26 Aug 2014 | 7:56 PM ET
    At a property trade fair in Beijing, China

    China Vanke Co is offering discounts of up to $325,000 to home buyers who shop on Alibaba's Taobao, an e-commerce platform.

  • China foreign investment pattern changes Tuesday, 26 Aug 2014 | 7:25 PM ET
    Workers sew blue jeans in Yilin textile factory in Dongguan, Guangdong province, China.

    China's foreign investment mix is changing, with portfolio investors buying more stocks but foreign direct investment falling to a two-year low.

  • In India, the big salaries are back Tuesday, 26 Aug 2014 | 6:44 PM ET

    After a lull in years, India’s labor market is enjoying a burst of activity, a new government, a booming stock market and improved business sentiment.

  • India’s growth engine set to rev up Tuesday, 26 Aug 2014 | 6:39 PM ET

    After two consecutive years of sub-5 percent growth, India's economy looks to have snapped out of its funk in the April-June quarter.

  • Once 'Best in the West', Israel's economy shows cracks Tuesday, 26 Aug 2014 | 9:57 AM ET

    *War with Hamas weighing on consumers, industry, tourism. *Bank of Israel has cut interest rates twice; at record low. The war against Hamas in Gaza, which ran into a 50th day on Tuesday, has taken a heavy toll, hitting tourism, slowing consumer spending as people stay indoors and denting manufacturing, especially in plants close to Gaza.

  • WASHINGTON, Aug 26- Orders for long-lasting U.S. manufactured goods posted their biggest gain on record in July on strong international demand for aircraft, but the underlying trend remained consistent with a steady pace of domestic economic growth.

Contact Asia Economy

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