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  • Thai junta blocks discussion of media censorship Thursday, 29 Jan 2015 | 7:49 AM ET

    BANGKOK— Thailand's junta has forced a German foundation to cancel a prominent forum on media restrictions imposed since the military toppled an elected government last May. Germany's Friedrich-Ebert-Stiftung, a foundation promoting social democracy worldwide, said on its Facebook page that it would comply with a request from the junta to postpone...

  • BANGKOK, Jan 29- Thailand's finance ministry again trimmed its growth forecasts for this year and the last on Thursday, when fresh factory output data provided more evidence that the economy remains wobbly. For 2014, whose full-year GDP growth rate will be announced on Feb. 16, the ministry reduced its projection to just 0.7 percent, from 1 percent in December.

  • By Yantoultra Ngui and Fransiska Nangoy KUALA LUMPUR/ JAKARTA, Jan 29- Indonesia narrowed the gap in car output with Thailand, Southeast Asia's automaking hub, to its smallest ever last year in percentage terms and is expected to overtake the Thai industry within a decade. Indonesia, Southeast Asia's largest economy, has already surpassed Thailand as the...

  • BANGKOK, Jan 28- Thailand's central bank on Wednesday left its benchmark interest rate unchanged at 2.0 percent, a level that still "supports" a struggling economy that it asserted is improving. But a recent wave of monetary easing in the face of disinflation, including an unexpected move by Singapore early on Wednesday, created some uncertainty about the Thai...

  • Snails slither into spa scene in Thailand and around world Wednesday, 28 Jan 2015 | 12:52 AM ET

    CHIANG MAI, Thailand— The last time I encountered escargots they were served up by a French waiter, sizzling in garlic and herb butter. That this latest addition to the global beauty and wellness craze— snail facials— should surface in the hills of northern Thailand is only natural. The two young Thai women reclining next to me at Chiang Mai's Snail Spa sang the...

  • Losses at state-owned Thai Airways swelled in the past two years as increased competition and years of mediocre management took their toll. The government was discussing steps to save Thai Airways from bankruptcy and has given an initial green light to a rehabilitation plan proposed by the carrier, Prayuth said after a meeting with the government's...

  • *China factory activity contracts for 2nd month. BEIJING/ SEOUL, Jan 23- Chinese factories were forced to cut prices for the sixth straight month in January to sell their products, while economic growth in South Korea slowed sharply, raising the prospect of more policy easing from major central banks in Asia. The weak manufacturing reading from China added to...

  • BANGKOK— In the latest battle in a political war that has lasted almost a decade, Thailand's military-appointed legislature on Friday voted to impeach former Prime Minister Yingluck Shinawatra for her role in overseeing a government rice subsidy program that lost billions of dollars. The vote was generally seen as a partisan action aimed at crippling the...

  • BANGKOK— Thai legislature votes to impeach former Prime Minister Yingluck Shinawatra over rice scheme.

  • Thai attorney general's office to indict ex-PM Yingluck Thursday, 22 Jan 2015 | 3:46 AM ET

    BANGKOK— The office of Thailand's attorney general on Friday announced plans to indict former Prime Minister Yingluck Shinawatra for her role in overseeing a government rice subsidy program that lost billions of dollars and temporarily cost Thailand its place as the world's leading exporter. The announcement comes the same day as Thailand's...

  • WASHINGTON— Macau, the Chinese territory known for casino gambling, outperformed the rest of the world's major cities economically last year, according to a report out Thursday. Cities in the developing world, especially China, dominated the top of the annual economic rankings of 300 cities worldwide by the Brookings Institution and JPMorgan Chase.

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • *Sales seen slumping in Japan, Indonesia. TOKYO, Jan 21- Toyota Motor Corp projected a drop in vehicle sales for the year ahead, its first such bearish forecast in at least 15 years, as flagging demand in Japan, Indonesia and other key markets raises the chance that Volkswagen will steal the industry crown. Toyota said on Wednesday it expects 2015 global vehicle sales,...

  • *Sales seen slumping in Japan, Indonesia. TOKYO, Jan 21- Toyota Motor Corp projected a drop in annual vehicle sales for the first time in at least 15 years as demand slumps in Japan, Indonesia and other key markets, raising the chance of Volkswagen stealing the industry crown this year. Toyota said on Wednesday it expects 2015 global vehicle sales, including those of...

  • BANGKOK— Thailand's anti-graft agency on Tuesday called for corruption charges against a former commerce minister and his deputy for allegedly committing fraud in a government-to-government rice sale. An investigation by the National Anti-Corruption Commission found that Boonsong Teriyaphirom and his deputy Poom Sarapol, along with 17 government...

  • *Itochu and CP Group to take 20 pct stake in Citic. TOKYO/ HONG KONG, Jan 20- Japanese trading house Itochu Corp and Thailand's Charoen Pokphand Group said on Tuesday that they plan to jointly invest $10 billion in Citic Ltd, part of China's oldest and biggest conglomerate. Itochu and CP Group plan to take a joint stake of 20 percent in Citic Ltd, increasing their...

  • Aer Lingus, Ryanair extending hedging position into 2016. SINGAPORE/ BERLIN, Jan 14- Global airlines, looking to lock in huge savings, are preparing to hedge more jet fuel to fix prices as they bet a slide in crude oil to six-year lows may peter out near $40 a barrel. In Europe, airlines such as Aer Lingus and Ryanair are aiming to take advantage of the low oil prices to...

  • Lower oil isn’t giving Asia markets wings Sunday, 11 Jan 2015 | 10:17 PM ET
    A station attendant refuels a moped at a fuel station on April 30, 2013 in Yogyakarta, Indonesia.

    Sharply lower oil prices are widely hailed as a positive for most Asian markets, but that hasn't slowed fund outflows or raised growth forecasts much.

  • *McDonald's Japan expecting first annual loss in 11 years. TOKYO, Jan 7- McDonald's Japan has apologized to customers and vowed to ensure product safety after objects including a tooth and plastic were found in its food, the latest trouble for a fast-food chain hit by sliding sales and a shortage of french fries. McDonald's Japan brought in Chief Executive Sarah...

  • *McDonald's Japan expecting first annual loss in 11 years. TOKYO, Jan 7- McDonald's Japan has apologised to customers and vowed to ensure product safety after objects including a tooth and plastic were found recently in its food, the latest trouble for a fast-food chain hit by sliding sales and a shortage of french fries. McDonald's Japan brought in Chief...