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  • US warns Europe against relying too much on exports Friday, 10 Apr 2015 | 5:31 AM ET
    A statue of the first Secretary of the Treasury Alexander Hamilton stands in front of the U.S. Treasury Department building in Washington, DC.

    The United States warned Europe on Thursday against relying too much on exports for growth and urged officials to make more use of fiscal policy.

  • WASHINGTON, April 9- The United States warned Europe on Thursday against relying too much on exports for growth and urged officials to make more use of fiscal policy, saying stronger demand in Germany was essential. In its semiannual report to Congress, the U.S. Treasury Department appeared to give a preview of the positions it will press on foreign policymakers...

  • *Bank of Korea cuts growth, inflation forecasts. The Bank of Korea cut this year's economic growth and inflation forecasts but Governor Lee Ju- yeol said the downgrades were already factored in when the central bank cut the base rate by 25 basis points to a record low 1.75 percent last month. "The non-unanimous decision suggests that the monetary easing cycle in...

  • A Chinese win at IMF no one-way bet for yuan Tuesday, 7 Apr 2015 | 5:00 PM ET

    SHANGHAI, April 8- Later this year the IMF might include the Chinese yuan in its official basket of reserve currencies, a political and economic triumph for Beijing in the teeth of U.S. opposition, but slowing growth in China is likely to limit the impact of the victory. That in turn should lower transaction costs, exchange risk and borrowing costs for China, already...

  • SEOUL, April 7- Samsung Electronics Co Ltd expects January-March profit to be its highest in three quarters, beating expectations and suggesting that the tech giant is on track for an earnings recovery ahead of the launch of new flagship smartphones. Operating profit likely reached 5.9 trillion won in the first quarter, the South Korean manufacturer said on...

  • Why Samsung is a 'safe bet' for the year   Monday, 6 Apr 2015 | 8:49 PM ET
    Why Samsung is a 'safe bet' for the year

    Edward Snyder, co-founder & managing director of Charter Equity Research, says Samsung is seeing strength in its memory, processor chip and handset businesses.

  • Japan steps up island claim in school textbooks   Monday, 6 Apr 2015 | 7:45 PM ET
    Japan steps up island claim in school textbooks

    Japan's move to include its claim to disputed islands in all middle-school textbooks may lead to more competition with South Korea in future, says Tobias Harris, Japan analyst at Teneo Intelligence.

  • *Oil rises after Saudi Arabia raises prices to Asia. NEW YORK, April 6- The dollar weakened further on Monday but stocks on Wall Street rose after a disappointing U.S. jobs report on Friday likely postponed the Federal Reserve's first interest rate increase in nearly a decade. "The market seems to be very confused whether bad or good news is good news," said Randy...

  • *Oil rises after Saudi Arabia raises prices to Asia. TOKYO, April 6- Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 percent to push to its highest levels since September 2014.

  • *Oil takes back some ground lost after Iran deal. TOKYO, April 6- Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6 percent to push to its highest levels since September 2014.

  • This expert is bullish on Samsung stock   Sunday, 5 Apr 2015 | 9:12 PM ET
    This expert is bullish on Samsung stock

    Kunal Ghosh, emerging market portfolio manager at Allianz Global Investors, says Samsung Electronics is seeing a "multi-faceted resurgence," which will bode well for the stock.

  • *Deal to raise China's contract volumes with Iran to 600,000 bpd. BEIJING, April 3- Iran is set to supply 50 percent more condensate to Chinese state trader Zhuhai Zhenrong Corp under a renewed one-year supply contract for the light crude, two people with direct knowledge of the matter said on Friday. Iran, once OPEC's second-largest exporter, is expected to try to...

  • *Companies struggling in China and much of Asia. April 1- Companies struggled in China and much of the rest of Asia in March, suggesting central banks may have to resort to more stimulus, just as factories in the euro zone begin to reap rewards from ultra-easy policy there. But three separate surveys of China's factory and services sectors released on Wednesday...

  • April 1- Companies struggled in China and much of the rest of Asia in March amid persistently weak domestic and global demand, suggesting that policymakers may have to resort to more stimulus to spur growth. The official Purchasing Managers' Index ticked up to 50.1 in March from 49.9 in February, but a separate private survey from HSBC which focuses on small and...

  • SEOUL, April 1- South Korean exports fell the most in two years in March and inflation hit its lowest since 1999, weakening economic momentum and putting the central bank under pressure to cut interest rates again. "South Korea's economy needs both consumption and exports to escape this rut, and exports are more important out of the two," said Im No-jung, chief...

  • By Rahul Karunakar and Hari Kishan. March 31- Uncertainty surrounding the timing of the U.S. Chinese and most European stocks have led the way with a stellar run, buoyed by stimulus from the People's Bank of China and the European Central Bank.

  • *Shanghai, Hong Kong, Seoul, Taipei shares to rise through 2015. BENGALURU, March 31- Shares in China and other East Asian markets will extend their rally this year, buoyed by additional policy easing expected from Beijing and other regional central banks, a Reuters poll showed. "mainland government has shown a clear attitude in supporting the stock market as it is a...

  • Surprising book that's shot up to No. 1 on Amazon Monday, 30 Mar 2015 | 10:14 AM ET
    An undated handout photo of illustrations by Johanna Basford, a Scottish illustrator who has sold more than 1.4 million copies of her coloring book for adults, “Secret Garden.”

    A coloring book for adults has attracted a loyal following, reports the New York Times.

  • SEJONG, South Korea/ SEOUL, March 27- South Korea hopes its infrastructure companies will benefit from the country joining the China-backed Asian Infrastructure Investment Bank, the finance ministry said on Friday. China has set March 31 as the deadline for joining the bank as a founder member, which will be capitalized at an initial $50 billion to provide...

  • SEJONG, South Korea/ SEOUL, March 27- South Korea hopes its infrastructure companies will benefit from the country joining the China-backed Asian Infrastructure Investment Bank, the finance ministry said on Friday. China is South Korea's biggest trading partner and the two countries are set to sign a free trade agreement in the first half of this year.