Asia Economy


  • Has India's Economy Turned a Corner? Tuesday, 12 Mar 2013 | 3:16 AM ET

    India's industrial output expanded for the first time in three months in January, an early sign that Asia's third largest economy may have turned a corner but it likely won't prevent the central bank from easing monetary policy further.

  • Why the Bank of Korea Could Cut Rates Soon Monday, 11 Mar 2013 | 10:13 PM ET

    South Korea's central bank is expected to hold fire, keeping its policy rate steady for a fifth straight month, while the odds of at least one more cut this year have increased as the local economy struggles to gain momentum.

  • Less Is More: The Message China Must Heed Monday, 11 Mar 2013 | 9:08 PM ET

    It is likely to be tough, but China's new leadership needs to do less and not more if it wants an economy driven by consumption rather than investment and exports.

  • Pedestrians walk on a roadside past a power sub-station in the outskirts of Kolkata.

    Electricity shortages are emerging as one of the biggest brakes on India's ambitions to rise up the ranks of the world's major economies, and match regional rival China as a manufacturing powerhouse.

  • China's New Leaders’ Embarrassment of Riches Monday, 11 Mar 2013 | 12:53 AM ET
    Chinese soldiers marching in front of the Forbidden City in Beijing, China.

    Compared to the challenges faced by China's old guard, the new team's problems can best be described as an embarrassment of riches. Here is why.

  • The Most Innovative City in Asia Is... Sunday, 10 Mar 2013 | 11:54 PM ET

    Singapore is the most innovative city in the Asia Pacific region, according to a study by consultancy Solidiance.

  • China Inflation Seen at Around 3% This Year Sunday, 10 Mar 2013 | 8:59 PM ET

    China's consumer price inflation is forecast to be around 3 percent in 2013, the price monitoring unit of the country's top economic planning agency said on Monday.

  • Why China's Yuan Is No Longer a Big Worry for US Sunday, 10 Mar 2013 | 7:50 PM ET

    After years of grabbing the spotlight in U.S.-China economic relations, U.S. concerns over the value of Beijing's currency appear to be fading, giving ground to newer issues like cyber-security.

  • China's Latest Data Show Uneven Economic Recovery Saturday, 9 Mar 2013 | 5:49 AM ET

    China's uneven economic recovery signals a looming dilemma for policymakers as data released at the weekend showed inflation at a 10-month high while factory output and consumer spending were weaker than forecast.

  • Take a Stroll Through China's Ghost Cities Friday, 8 Mar 2013 | 1:35 PM ET
    Residential apartment buildings stand in the new district of Kangbashi in Ordos, Inner Mongolia, China.

    They look like any other city, but with one difference: No people. And in many cases, they feature miles and miles of empty apartments and office buildings. The following photos are graphic signs of China's property bubble.

  • How Weibo Could Spark China's Arab Spring Thursday, 7 Mar 2013 | 11:12 PM ET

    China's increasingly vocal army of netizens could pose one of the biggest challenges to the new leadership.

  • China Exports Jump 22% in February From Year Ago Thursday, 7 Mar 2013 | 9:47 PM ET

    China's exports jumped by a fifth in February from a year earlier, more than double expectations, but imports were much weaker than forecast, official data showed on Friday.

  • Japan Crawling Slowly Out of Recession Thursday, 7 Mar 2013 | 9:17 PM ET

    Japan's economy stabilized in the fourth quarter after two quarters of a shallow recession, revised data showed on Friday, but a third consecutive monthly current account deficit in January showed an anticipated recovery was slow in coming.

  • China's 'Ghost Cities' Warn of Property Bubble: Chanos Thursday, 7 Mar 2013 | 11:08 AM ET
    Residential apartment buildings stand in the new district of Kangbashi in Ordos, Inner Mongolia, China.

    Avoid investments that depend on the Chinese real estate market because the bubble there is getting "bigger and bigger," hedge fund manager Jim Chanos told CNBC.

  • Japan’s New Leader Dares to Challenge Old Order Wednesday, 6 Mar 2013 | 7:51 PM ET
    Japanese Prime Minister Shinzo Abe.

    Just two months into office, Prime Minister Shinzo Abe is showing an increasing willingness to take on some pillars of Japan's establishment in an aggressive attempt to finally breathe some new life into Japan's listless economy. The New York Times reports.

  • China's Planners Push Urbanization as Main Growth Driver Wednesday, 6 Mar 2013 | 12:31 AM ET

    China's planned urbanization drive will be main engine of growth for domestic economic activity in the years ahead, giving the government scope to boost domestic demand and infrastructure investment.

  • Australia Extends Growth Run to 21 Years Tuesday, 5 Mar 2013 | 9:44 PM ET

    Australia's economy grew at a moderate pace last quarter as a long-awaited surge in resource exports helped offset softness elsewhere.

  • US, China Reach Deal on North Korea Sanctions Tuesday, 5 Mar 2013 | 6:14 AM ET

    The U.S. and China have struck a tentative deal on a sanctions resolution that would punish North Korea for its third nuclear test, which it conducted last month, U.N. diplomats said on Monday.

  • China Puts Focus on Consumers to Drive Growth Monday, 4 Mar 2013 | 11:50 PM ET

    China put its fast-growing consumer class at center-stage as outgoing Premier Wen Jiabao set out a reform plan on Tuesday to spread the fruits of economic growth more evenly.

  • China HSBC Services PMI Falls From 4-Month Highs Monday, 4 Mar 2013 | 9:01 PM ET

    China's services sector cooled in February after new business receded from eight-month highs, a private survey showed on Tuesday.

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