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  • Asian markets rise after Wall Street gains Sunday, 26 Apr 2015 | 11:42 PM ET

    BEIJING— Asian stock markets rose Monday after Wall Street gained on strong earnings and investors looked ahead to Apple results and this week's U.S. Sydney's S&P ASX 200 added 0.7 percent to 5,973.30 and Seoul advanced 0.2 percent to 2,163.17. Taiwan, Singapore and Manila also rose.

  • *Vast majority sees no disadvantages if Japan stays out of AIIB. The plans for the new bank, seen as a significant setback to U.S. efforts to extend its influence in the Asia-Pacific region and balance China's growing financial clout, have put Japan in a quandary. It does not want to alienate Washington, its closest ally, or bolster rival China especially at the...

  • MANILA, Philippines— As a dirt-poor rookie boxer in the southern Philippines, Manny Pacquiao started his phenomenal rise to global fame not as the Pacman, as he is sometimes called, but as "Kid Kulafu." "Kid Kulafu" opened Wednesday in more than 70 theaters across the Philippines starting ahead of Pacquiao's May 2 megafight with Floyd Mayweather.

  • Philippines looks to broaden range of rice suppliers Tuesday, 14 Apr 2015 | 3:57 AM ET

    MANILA, April 14- The Philippines' state grains procurement agency said on Tuesday that it would look to import rice from a broader range of countries including Pakistan, India and Myanmar, as it tries to diversify its supplies of the staple food. One of the world's biggest rice importers, the Philippines usually buys from key producers Vietnam and Thailand.

  • *Carter urges China to exercise restraint in South China Sea. Carter's visit to Japan coincides with growing U.S. concern over China's land reclamation in the Spratly archipelago of the disputed South China Sea, where Beijing has rival claims with several countries including the Philippines and Vietnam. Tokyo and Beijing have a separate row over...

  • SEOUL, March 26- South Korea said on Thursday it has decided to seek to be a founding member of the Asian Infrastructure Investment Bank, another key U.S. ally joining the China- led institution despite Washington's misgivings. South Korea has demanded improvement in relation to the governing structure of the bank and other safeguards and there has been...

  • HONG KONG, March 26- One of Macau's top casino junket operators, a Vietnamese investment group and Hong Kong property-to-jewelry conglomerate Chow Tai Fook Enterprises will team up to develop a $4 billion casino resort in Vietnam, companies involved in the project said. Macau's Suncity confirmed its involvement in the project while VinaCapital confirmed...

  • SYDNEY, March 25- Australia is "well and truly" disposed to join the China-led Asian Infrastructure Investment Bank, Prime Minister Tony Abbott said on Wednesday, but wants to know how much power Beijing would hold in the institution before a formal decision. Fairfax Media citing government sources, reported the federal cabinet has approved Australia signing a "...

  • BEIJING/ LONDON, March 24- Britain weighed in on Tuesday to the debate on anointing the yuan as a major reserve currency, saying the issue was "very live" after Beijing asked the IMF to include the currency in its Special Drawing Rights basket. "China will speed up the basic convertibility of yuan on the capital account and provide more facility for domestic...

  • Developing Asia, which groups 45 countries in Asia-Pacific, is set to grow 6.3 percent this year and the next, the same pace as in 2014. India and most Southeast Asian economies will lead the way, offsetting slowing growth in China, the Manila- based bank said in its latest Asian Development Outlook report. The expected pickup in India and in most members of the...

  • DIARY-Emerging Markets Economic Events to April 6 Monday, 23 Mar 2015 | 8:02 PM ET

    MAKATI CITY, Philippines- Asian Development Bank to release Asian Development Outlook Report 2015- 0130 GMT. MANILA- Philippines Investment Forum 2015. Philippines President Benigno S Aquino III, Philippines Finance Secretary Cesar Purisima and Philippines Central Bank Amando M Tetangco Jr are the key speakers. PRAGUE- Czech Republic Finance Minister...

  • SINGAPORE, March 23- Dozens of Asia's best and brightest government officials each year join what has become known as the "Mayors' Class"- studying good governance, economic management and how to make their countries work like Singapore. As a result, dozens of countries are sending civil servants to study the Singapore way. "For China in particular, Singapore is...

  • WASHINGTON, March 22- President Barack Obama's administration is proposing that a new Chinese-led development bank over which Washington has voiced concerns work collaboratively with Western development groups like the World Bank, The Wall Street Journal reported on Sunday. The United States, worried about China's growing diplomatic clout, has been...

  • WASHINGTON, March 22- President Barack Obama's administration is proposing that a new Chinese-led development bank over which Washington has voiced concerns work collaboratively with Western development groups like the World Bank, the Wall Street Journal reported on Sunday. The United States, worried about China's growing diplomatic clout, has been...

  • BEIJING, March 22- China received critical support from the International Monetary Forum and Asian Development Bank on Sunday for its goal of establishing a new Chinese-led multilateral lender, adding to a growing wave of endorsements that has worried the United States. Leaders of the IMF and ADB, speaking at a conference in Beijing, said they were in talks with...

  • TOKYO/ SYDNEY, March 20- Australia said on Friday there was a lot of merit in the China-led Asian Infrastructure Investment Bank while Japan's finance minister signaled cautious approval of the institution that the United States has warned against. Japan, Australia and the South Korea, all major U.S. allies, are the notable regional absentees from the AIIB.

  • TOKYO/ SYDNEY, March 20,- Australia said on Friday there was a lot of merit in the China-led Asian Infrastructure Investment Bank while Japan's foreign minister signalled cautious approval of the institution that the United States has warned against. Japan, Australia and the South Korea, all major U.S. allies, are the notable regional absentees from the AIIB.

  • TOKYO/ SYDNEY, March 20,- Japan signalled cautious approval of the China-led Asian Infrastructure Investment Bank on Friday and said for the first time that, if conditions were met, it could join the institution that the United States has warned against. Japan, Australia and the South Korea, all major U.S. allies, are the notable regional absentees from the AIIB.

  • TOKYO/ BILOXI, Mississippi, March 19- Japan's tax authorities have begun a review of how slot machine maker and casino developer Universal Entertainment accounted for $40 million in payments made in 2010 to an associate of the Philippines' top gambling regulator at that time, people with knowledge of the matter told Reuters. On Wednesday, Universal said in a...

  • BERLIN/ WASHINGTON, March 17 (Reuters)- The United States urged countries on Tuesday to think twice about signing up to a new China- led Asian development bank that Washington sees as a rival to the World Bank after Germany, France and Italy followed Britain in saying they would join. The concerted move by U.S. allies to participate in Beijing's flagship economic...