SEJONG, South Korea, Sept 18- South Korea's government will boost budget spending more than previously planned at least for the next three years to help the local economy better cope with a tepid global recovery and a continued slump in domestic demand.» Read More
Market correlations have once again been rising - with stocks, bonds and even gold dropping in recent weeks on worries about Greece. That's making it harder for investors to use traditional forms of portfolio diversification. Instead, according to one fund manager, investors should be looking at technical price patterns.
Looking to short the euro? You could buy shares of Sanofi, the world’s fourth-largest drug company by sales, because of its limited exposure to Europe.
Evernote, a U.S. mobile startup whose shareholders include NTT DoCoMo and Sequoia Capital, has no intention of being acquired and its owners have "no exit strategy", according to founder and CEO Phil Libin.
Forget Greece, which is an "insignificant" economy, it is China that's posing the biggest risk to the global economy, Marc Faber the editor and publisher of the Gloom, Boom and Doom report told CNBC on Friday.
With stocks in Asia dropping to near their 2012 lows and investors fleeing risk assets on growing worries about Europe’s debt crisis, several market watchers say it’s time for Europe’s Central Bank to step up bond purchases and ease monetary policy further.
Japan, the country synonymous with debt and deflation in recent years, posted the best growth rate among major industrialized nations in the first quarter and some analysts are predicting more upside for the economy from domestic demand.
The selloff in emerging market currencies over recent months looks set to worsen, according to analysts, who point out India’s rupee, Indonesia’s rupiah, and to some extent, South Korea’s won could face the brunt of the pressure.
Chinese bank stocks fell on Thursday in Hong Kong after a report by Shanghai Securities News that new lending by China’s four biggest state-owned banks was flat in the first two weeks of May.
Investors are focusing on the wrong inflation numbers in China, says Hong Kong-based investment banker Sean Darby. While the consumer prices are widely considered the headline inflation gauge, the Chief Global Equity Strategist at Jefferies say producer prices give a clearer picture of the economy, and those are pointing to a "deflationary"environment.
Trading, measured by the turnover in Hong Kong and Singapore equities, fell in the first four months of the year on concerns over Europe’s debt crisis and as investors seek alternative investments to stocks after recent corporate scandals and the 2008 global financial crisis.
China’s economy may be on track to grow at its slowest pace in a decade, but there’s a silver lining to this: lower commodity and oil prices may actually benefit the U.S. and Europe, just when they most need it.
The Australian dollar may be at a five-month low as China’s growth slowed and lower interest rates reduced the appeal of the currency, but Aussie bulls aren’t ready to throw in the towel just yet.
Hong Kong, the hottest initial public offering (IPO) market in the world in 2011, has seen a precipitous slowdown in listings because of market uncertainty and low valuations.
The Australian government has promised to return the nation’s budget to a surplus of A$1.5 billion ($1.53 billion) as early as the next financial year, but a ratings agency, an analyst, and the opposition party told CNBC on Wednesday that it may not be easy for it to keep its word.
The euro, which fell to its lowest level in more than three months on Monday after elections in France and Greece saw voters rejecting pro-bailout policies, is likely to drop further, say analysts, unless the new governments continue with austerity measures to reduce their debt burden.
Hundreds died and businesses lost billion in last year's floods, caused in part by overflow from dams filled to hedge against drought. This year, Thailand is testing different prevention measures. The CSM reports.
Developing Asia will maintain its growth momentum over the next couple of years despite weak global demand, according to the Asian Development Bank (ADB), which forecasts growth to ease to 6.9 percent in 2012 from last year’s 7.2 percent before reaccelerating to 7.3 percent in 2013.
Japan’s stock market, one of the biggest laggards in Asia last year, logged its best first-quarter performance in over two decades, and investment strategists say optimism over corporate earnings will drive the country’s stocks even higher as supply chain constraints caused by the Thai floods ease.
Indonesia's recent policy measures, like capping foreign ownership in mines, has not gone down well with investors and the policy uncertainty is going to continue, says one expert as Southeast Asia's largest economy prepares for elections in 2014.
China intends to extend renminbi loans to other Brics nations, in another step towards the internationalization of its currency. The FT reports.
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