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Asia Economy

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  • NEW YORK, Sept 29- U.S. crude oil rose on Monday, hovering around $94 a barrel on support from strong U.S. economic data last week, while Brent edged up after nearing a two-year low last week. "I think demand by U.S. refiners to make product to export is definitely supporting WTI prices," said Gene McGillian, an analyst at Tradition Energy in Stamford, Connecticut.

  • *Hong Kong unrest hits some European shares. LONDON, Sept 29- The dollar traded near four-year highs against a basket of major currencies on Monday on further signs of the relative strength of the U.S. economy, while pro-democracy protests in Hong Kong hurt Asian-exposed European shares.

  • *Hong Kong unrest hits some European shares. LONDON, Sept 29- The dollar hit its highest in almost two years against the euro, with German inflation data expected to keep pressure on the ECB to ease monetary policy. Unrest in Hong Kong hurt Asian-exposed European shares.

  • *Hong Kong unrest hits some European shares. LONDON, Sept 29- The dollar hit its highest in almost two years against the euro, with German inflation data expected to keep pressure on the ECB to ease monetary policy. Unrest in Hong Kong hurt Asian-exposed European shares.

  • *Commerce Ministry sees 2014 exports up 0.5-1.0 pct, not 3.5 pct. BANGKOK, Sept 29- Thai exports unexpectedly fell the most in August since flooding in late 2011 paralyzed the economy, putting pressure on the military government to speed up stimulus measures.

  • FOREX-Dollar surges anew, euro zone data eyed Monday, 29 Sep 2014 | 4:24 AM ET

    *Hong Kong dollar falters after pro-democracy demonstrations. LONDON, Sept 29- The dollar rose to new multi-year highs against the yen, euro and a basket of currencies on Monday, a three-month-old rally showing no signs of dissipating before a week of important economic set pieces.

  • *Customs-cleared exports -7.4 pct y/y in Aug, poll saw -3.6 pct. BANGKOK, Sept 29- Thai exports in August fell by the biggest percentage since bad flooding in late 2011, confirming that a key engine of the country's economy is not firing.

  • Hong Kong protesters defy tear gas and batons Monday, 29 Sep 2014 | 12:53 AM ET

    Hong Kong democracy protesters defied volleys of tear gas and police baton-charges to stand firm in the center of the global financial hub on Monday.

  • Asian markets mixed as Hong Kong protests expand Monday, 29 Sep 2014 | 12:51 AM ET

    KUALA LUMPUR, Malaysia— Asian stock markets were mixed Monday as pro-democracy protests in Hong Kong and concern about China's economy offset good U.S. economic news. KEEPING SCORE: Japan's Nikkei 225 index was up 0.4 percent to 16,290.73 points while China's Shanghai Composite rose 0.4 percent to 2,357.42.

  • More China, Japan data on tap this week Sunday, 28 Sep 2014 | 6:33 PM ET

    As the third-quarter comes to an end, key economic data will offer investors a look into how Asia's largest economies fared during the past month.

  • Civil disobedience movement kicks off in Hong Kong Saturday, 27 Sep 2014 | 7:22 PM ET
    Protesters take part in the rally for the beginning of Occupy Central movement outside Central Government Offices in Central, Hong Kong.

    Occupy Central, a Hong Kong democracy group, has launched a long-planned disobedience movement there, the FT reported.

  • MUMBAI, Sept 26- Standard and Poor's raised the outlook for India's "BBB-minus" rating back to "stable" from "negative," saying Prime Minister Narendra Modi government's "strong" mandate would allow it to implement fiscal and economic reforms.

  • BANGKOK, Sept 26- Thailand's central bank said on Friday the country's pivotal exports won't grow at all this year, but maintained the economy can still grow 1.5 percent in 2014 assuming the government can jack up spending in the last quarter.

  • Japan's pace of inflation slows in August Thursday, 25 Sep 2014 | 7:32 PM ET

    Japan's nationwide core consumer prices rose 3.1 percent in August from a year ago, data on Friday showed.

  • Michael Kurtz, Global Head of Equity Strategy at Nomura, says Indian equities are a better buy amid China's growth slowdown.

  • *IMF agreed $553 mln loan to Yemen based on reform pledges. DUBAI, Sept 25- Yemen will destabilise its economy if it delays reforms such as cuts to energy subsidies, the International Monetary Fund said in a report released after the government rolled back some fuel price rises in the face of political unrest.

  • *IMF agreed $553 mln loan to Yemen based on reform pledges. DUBAI, Sept 25- Yemen will destabilize its economy if it delays reforms such as cuts to energy subsidies, the International Monetary Fund said in a report released after the government rolled back some fuel price rises in the face of political unrest.

  • ADB cuts growth forecast for SE Asia; China steady Wednesday, 24 Sep 2014 | 10:37 PM ET

    MANILA, Philippines— The Asian Development Bank trimmed its economic growth forecast for Southeast Asia this year and next due to slower domestic demand in some of its bigger economies. Gross domestic product growth is expected to slow in Indonesia, the Philippines, Singapore, Thailand and Vietnam, but pick up in Malaysia where exports have rebounded.

  • FOREX-Dollar extends gains as euro falls under $1.28 Wednesday, 24 Sep 2014 | 3:17 PM ET

    NEW YORK, Sept 24- The dollar rose on Wednesday, climbing to a four-year high on an index that tracks the greenback against other major currencies, as the euro slumped beneath $1.28 on fresh signs of European economic weakness.

  • *Big infrastructure projects pushing up spending. DUBAI, Sept 24- Saudi Arabia's state finances could fall into the red next year and the country could start running down its huge foreign reserves if it does not rein in the growth of government spending, the International Monetary Fund said.

Contact Asia Economy

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