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  • DIARY- Emerging Markets Economic Events to May 18 Tuesday, 5 May 2015 | 8:02 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen and International Monetary Fund Managing Director Christine Lagarde participate in " Finance and Society" conversation before the Institute for New Economic Thinking Conference on Finance and Society hosted by the IMF- 1315 GMT. BUDAPEST- Central bank of Hungary publishes April policy meeting- 1200 GMT.

  • BAKU, May 2- The Asian Development Bank said on Saturday that it was ready to work with the China-led Asian Infrastructure Investment Bank so long as standards were met, while also announcing changes to boost its own lending capacity by billions of dollars. China has said 57 countries have signed up to become founding members of the AIIB, but so far the United...

  • BAKU, May 2- The Asian Development Bank will ensure that safeguards are upheld in future cooperation with the China-led Asian Infrastructure Investment Bank, ADB President Takehiko Nakao told a media conference on Saturday. "ADB is happy to cooperate, including co-financing, with the AIIB," Nakao said at the start of the multilateral lender's annual meeting of...

  • The cities at greatest risk for a mega-quake Wednesday, 29 Apr 2015 | 10:50 AM ET
    A member of Nepalese police personnel walks amidst the rubble of collapsed buildings, in the aftermath of Saturday's earthquake in Kathmandu, Nepal, April 27, 2015.

    In earthquake-prone cities, growing populations live amidst infrastructures that are unable to withstand the effects of large quakes.

  • 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...

  • Is the ASEAN Economic Community a realistic goal?

    Teresita Sy-Coson, vice chairman of SM Investments Corporation, says awareness of regional integration will likely begin in 2015, but the completion of the ASEAN Economic Community may need time.

  • 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.

  • AT&T data breach revealed: 280K customers exposed Wednesday, 8 Apr 2015 | 1:19 PM ET
    A pedestrian passes an AT&T store in New York.

    The company agreed to pay $25 million to settle an FCC investigation into the customer data security lapses.

  • *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...