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  • Is India's Long Wait for a Rate Cut Finally Over? Monday, 28 Jan 2013 | 6:04 PM ET

    India's central bank is widely expected to make a modest cut in interest rates later on Tuesday to support an economy set for its slowest growth in a decade, with a deeper cut unlikely due worries over the fiscal and external deficits and inflation.

  • Japan Leader Urges Swift Action From Central Bank Monday, 28 Jan 2013 | 12:34 AM ET
    Japan's Prime Minister Shinzo Abe

    Japanese Prime Minister Shinzo Abe, vowing to overcome what he called an economic crisis facing the nation, urged the Bank of Japan (BOJ) on Monday to hit its inflation target as soon as possible, keeping up pressure on the central bank to make good its promise of bolder action to overcome deflation.

  • China's central bank is signaling it is abandoning its traditional role in the domestic currency market as the ready supplier of liquidity, forcing corporations to bear more risk so that they learn how to cope with a more volatile yuan.

  • For all the doomsayers predicting an end to its mining boom, Australia is pumping out more metal, coal and gas thanks to a investment bonanza that will peak this year, boosting exports needed to extend a jaw-dropping 21-year run of economic growth.

  • China December Industrial Profits Up 17% on Year Sunday, 27 Jan 2013 | 1:29 AM ET
    Labors work at a factory's workshop in Huaying, Sichuan province of China.

    Profits earned by China's industrial companies rose 17.3 percent in December from a year earlier to 895.2 billion yuan ($143.91 billion), official data showed on Sunday, as a fourth-quarter recovery helped offset poorer corporate results in the third.

  • Japan's Yen Policy Under Fire Saturday, 26 Jan 2013 | 11:05 PM ET

    Japan's economy minister rejected criticism on Saturday that his country's extraordinary fiscal and monetary stimulus program was aimed at weakening the yen and undermined central bank independence.

  • Pressure Piles on Bank of Japan as Inflation Slips Thursday, 24 Jan 2013 | 7:30 PM ET

    Japan's core consumer prices slipped for a second straight month in the year to December, signaling the economy was still in deflation and piling more pressure on the central bank to adopt further stimulus steps to achieve its new inflation target.

  • Excitement on Indian Cyclical Stocks Faces Reality Test Thursday, 24 Jan 2013 | 1:49 AM ET

    Stock-pickers betting on an Indian economic rebound may be disappointed by upcoming earnings reports from domestically focused companies, as consumer demand and infrastructure output remain weak and high inflation persists.

  • Large Banks Seen Dodging EU Financial Tax Bullet Thursday, 24 Jan 2013 | 1:35 AM ET

    A financial trading tax (FTT) planned by a group of euro zone nations could leave major banks, its main target, relatively unscathed while less nimble smaller trading houses, pension funds and asset managers bear the brunt.

  • Gangnam Brings Fans—and Tourism Revenue—to Korea Wednesday, 23 Jan 2013 | 11:23 PM ET
    Korean rapper Psy (C) teaches Red Bull Racing drivers Mark Webber (L) and Sebastian Vettel (R) the Gangnam Style dance before the Korean Formula One Grand Prix at the Korea International Circuit on October 14, 2012 in Yeongam-gun, South Korea.

    Even as the South Korean economy struggled in 2012, there was one bright spot-K-Pop sensation Psy's "Gangnam Style" video–that helped bring a record number of tourists boosting revenues to a new high.

  • China Factory Growth Quickens to Two-Year High Wednesday, 23 Jan 2013 | 8:51 PM ET
    Foxconn

    Growth in China's giant factory sector accelerated to a two-year high in January, a preliminary private survey showed, as manufacturers received more local and foreign orders in an encouraging sign for the country's economic rebound.

  • Bank of Japan Set to Vow Boldest Action Yet Monday, 21 Jan 2013 | 6:29 PM ET

    The Bank of Japan is set on Tuesday to unveil its most determined effort yet to beat years of economic stagnation, but the big challenge will be how to impress markets already pricing in a doubling of its inflation target and further asset buying.

  • China's Rebound Powered by 'Risky' Sectors Monday, 21 Jan 2013 | 2:45 AM ET

    China's recovery from its longest slowdown in growth since the global financial crisis is being driven by the two forces posing the biggest risks to the economy's increasingly urgent need to rebalance - investment and property.

  • Morning bathers  by the Hooghly River with the massive outline of Howrah Bridge filling the skyline in Kolkata, India.

    It was first reported in 2010 that the pillars of Kolkata's landmark Howrah bridge were being used as spittoons by pedestrians who chewed gutkha – a tobacco product popular with millions in India. The Christian Science Monitor reports.

  • 'Super-Yachts' Are a Tough Sell to the Newly Rich Friday, 18 Jan 2013 | 3:54 PM ET

    The glamour, champagne-soaked launches and celebrity clients belie a mounting unease in the world of "super-yachts."

  • IMF Chief Urges Major Economies to Promote Growth Friday, 18 Jan 2013 | 2:13 AM ET

    The European Central Bank should keep monetary policy easy and perhaps try to lower borrowing costs further to help the euro zone's struggling economy, the head of the International Monetary Fund said on Thursday.

  • China Snaps Seven Quarters of Economic Slowdown Thursday, 17 Jan 2013 | 9:03 PM ET

    China's economy grew 7.9 percent in the fourth quarter of last year from a year earlier, rebounding after seven straight quarters of slowdown, but an uncertain global outlook means Beijing may need to keep tweaking policy to support growth.

  • Bank of Japan headquarters seen from an opposite building in Tokyo, Japan.

    The Bank of Japan will next week mull scrapping its 0.1 percent floor on short-term interest rates and pledging to buy assets open-endedly until 2 percent inflation is foreseen, sources familiar with the central bank's thinking said.

  • Chinese outbound foreign direct investment (ODFI) was the largest on record in December, demonstrating Chinese companies' increasing appetite for foreign assets and a balancing out of the country's cross-border capital flows.

  • China in Tepid Rebound After Worst Year Since 1999 Thursday, 17 Jan 2013 | 5:58 PM ET

    China's economy rebounded towards 8 percent growth in the final quarter of 2012 after seven straight quarters of slowdown, data on Friday should confirm, but an uncertain global outlook means Beijing may need to keep tweaking policy to support growth.

Contact Asia Economy

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