Lower oil prices usually boost airline profits, but for AirAsia, the drop pushed the carrier into the red as Malaysia's ringgit took a knock-on blow.» Read More
Nov 18- For other related diaries, please. MAKATI CITY- Asian Development Bank to launch the latest Asian Economic Integration Monitor- 0130 GMT. BRASILIA- Brazil Central Bank President Alexandre Tombini may speak at congressional commission about deterioration of the country's fiscal results.
As Washington seeks to expand American interests in Asia, some U.S. partners have shown less willingness to challenge Beijing.
It includes deployment of American Marines in Darwin, Australia, stepped up U.S. naval visits to the Philippines and many more joint drills with that nation's armed forces, as well as the lifting of a ban on lethal weapons sales to Vietnam. But just as Washington seeks to expand American interests in Asia as a counterpoint to China's growing influence, some U.S....
MANILA, Oct 14- Seasonal rains are set to disrupt nickel mining in the Philippines for the next four months or so, crimping exports to top buyer China and stoking a shortfall in the global supply of ore. But, with a ban on raw metal shipments by former top exporter Indonesia, the seasonal decline in the Philippines' output could force China's vast stainless steel...
The area is expected to hold billions of barrels of oil and trillions of cubic feet of gas, but energy firms are tentative about the region.
KUALA LUMPUR/ JAKARTA, Oct 3- September marked a turning point for Southeast Asia's foreign exchange and stock markets, ending a six-month run of capital inflows as the dollar's broad rally drew investors' attention to the currency risk and exalted valuations in these markets. Even though the cumulative net foreign investment was positive in the four...
TOKYO, Oct 2- China is likely to have annual growth of at least 7 percent over the next five years as it rebalances its economy to lift domestic demand, the Asian Development Bank's new chief economist said on Thursday. His remarks, in an interview with Reuters in Tokyo, came a week after the Manila- based regional lender left unchanged its 2014 and 2015 growth...
MANILA, Sept 24- China has many tools to keep growth well above 7 percent next year, the International Monetary Fund said on Wednesday, downplaying the risks of the cooling property market in the world's second-largest economy.
MANILA, Sept 24- China's economy will likely grow faster than previously thought in 2015, the International Monetary Fund said on Wednesday, downplaying the risks of the cooling property market in the world's second-largest economy.
Sept 24- For other related diaries, please. NEW YORK- India Investment Forum. Indian Finance Minister Arun Jaitley and Finance Secretary Arvind Mayaram to attend.
MANILA, Sept 9- A Philippine proposal to ban exports of unprocessed metal ores could take seven years to implement, its main backer said in comments that eased concerns about a supply squeeze on China and sent nickel prices skidding.
SINGAPORE/ MOSCOW/ BERLIN, Sept 5- Germany's Rocket Internet faces daunting logistical challenges and rising local competition from Lagos to Laos as it races to capture customers in emerging markets before e-commerce titans Amazon and Alibaba can catch up.
Tensions in the South China Sea may seem far off to Western investors, but any conflict in the region could affect the world economy.
Viktor Shvets, Head of Strategy Research, Asia at Macquarie, explains why Singapore, Philippines and Vietnam offer interesting long-term opportunities in Southeast Asia.
Teresita Sy-Coson, Vice-Chairperson, SM Investments Corporation, recalls how she learned the ropes of her family business, which is one of Philippines' most well-known conglomerate.
Ramon Ang, President and COO at San Miguel Corporation, describes how the firm's pitch for a city airport can resolve congestion problems and attract foreign investment.
Amando Tetangco, Governor, Bangko Sentral ng Pilipinas, says the central bank's rate hike on Thursday was in response to elevated inflation expectations.
Romina Marasigan, Public Affairs Chief and Spokesperson at the Philippines Office of Civil Defense, discusses the government's response to Typhoon Rammasun.
Lessons from Typhoon Haiyan helped the Philippines to respond faster to Typhoon Rammasun, says Richard Gordon, Chairman of the Philippine National Red Cross.
Conrad Saldanha, Manager, Emerging Markets Equities Fund, Neuberger Berman, explains why he likes markets in India, Indonesia and the Philippines.