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  • Australia seeks to become the delicatessen of Asia Wednesday, 19 Aug 2015 | 5:00 PM ET

    *Native Australian produce demands top shelf prices in Asia. Finger limes are just one of a number of premium Australian agricultural products, including olive oil, honey, wagyu beef and organic baby food, now being sold in some of Asia's top stores as Australia pushes to become Asia's delicatessen. While Australia's main agricultural products like wheat, rice,...

  • South Korea awarded a $73 million contract earlier this month to the consortium led by China's state-owned Shanghai Salvage Co. to raise the ferry Sewol. The company was involved in raising a cruise ship that sank in China's Yangtze River in June, killing more than 400 people. A diver worked underwater on Wednesday to examine conditions at the site, South...

  • SEOUL, South Korea— Every evening, 14- year-old Kim Sung- jin orders fried chicken, delivery pizza or Chinese food to eat in a small room in his family's home south of Seoul. That's the show, and it makes Kim money: 2 million won in his most successful episode. But in South Korea, Afreeca TV has become a big player in the Internet subculture and a crucial part of social life...

  • DIARY- Top Economic Events to Sept. 1 Tuesday, 18 Aug 2015 | 8:01 PM ET

    JAKARTA, Indonesia- Federal Reserve Bank of San Francisco releases text of speech of President John Williams before the Bank Indonesia-BIS Research Conference in Jakarta- 0645 GMT. STOCKHOLM- Sweden's Riksbank First Deputy Governor Kerstin af Jochnick will speak on Current Monetary Policy and the Economic Situation- 0700 GMT. BERKELEY, United States-...

  • Shanghai share index plunges more than 6 percent Tuesday, 18 Aug 2015 | 3:32 AM ET

    SEOUL, South Korea— Shanghai share index plunges more than 6 percent.

  • How China's yuan move hurts emerging markets Monday, 17 Aug 2015 | 1:52 PM ET
    A vendor holds Chinese Yuan notes at a market in Beijing.

    China's move to devalue the yuan will impact emerging markets in several ways and investors should beware, says UBS's Jorge Mariscal.

  • *Will no longer invest in Korea's Posco, Daewoo International. Construction firm IJM Corp Bhd and conglomerate Genting Bhd, both of Malaysia, and steelmaker POSCO and conglomerate Daewoo International Corp of South Korea, were removed from the fund. At the start of 2015, the Norwegian fund owned shares worth 1.49 billion Norwegian crowns in Posco, 67.5 million...

  • Weaker yuan deals Asia's casinos a losing hand Monday, 17 Aug 2015 | 12:16 AM ET
    People walk through a concourse with their luggage at Hong Kong International Airport.

    Asian travel hotspots may be counting on an ever-growing horde of Chinese tourists for growth, but the weaker yuan may choke off the flow of travelers.

  • Emperor Akihito (L) and Empress Michiko (R) bow before the altar during the annual memorial service for war victims in Tokyo on August 15, 2015.

    Japan's Emperor Akihito marked the 70th anniversary of WWII's end with an expression of "deep remorse" of the war, a departure from his annual script.

  • LONDON, Aug 14- You don't hear so much about the load-out queues in the London Metal Exchange's warehouse system these days. It's not that the queues to take delivery of aluminum from Detroit and Vlissingen have disappeared. As of the end of last month the waiting time at Detroit was still 328 days and that at the Dutch port 327 days.

  • The pressure is off the BOK, for now: Expert Wednesday, 12 Aug 2015 | 8:25 PM ET
    The pressure is off the BOK, for now: Expert

    The easing in the yen-won exchange rate and a recovery from the MERS outbreak underpinned the Bank of Korea's decision to hold rates steady, says Richard Iley, chief economist of emerging markets at BNP Paribas.

  • DIARY-Top Economic Events to Aug 25 Tuesday, 11 Aug 2015 | 8:01 PM ET

    PERTH- Reserve Bank of Australia Deputy Governor Philip Lowe speaks at the Shann Memorial Lecture hosted by the University of Western Australia Business School- 1030 GMT. ROCHESTER, United States- Federal Reserve Bank of New York President William Dudley speaks before the Rochester Business Alliance on the local economy and the benefits of workforce...

  • *China changes way it sets daily guidance rate. *China will get unfair export advantage- U.S. lawmakers. SHANGHAI, Aug 12- China shocked global markets on Tuesday by devaluing its currency after a run of poor economic data, a move it billed as a free-market reform but which some experts suspect could be the beginning of a longer-term slide in the exchange rate.

  • "I'd planned to go to Seoul this month with my friends and then Thailand alone in October. "So I think I won't go to Seoul for shopping, but just to Thailand for sightseeing." China devalued its currency by 2 percent after a run of poor economic data- a move some economists think could herald a longer-term slide in the exchange rate.

  • SINGAPORE/ LONDON, Aug 11- Global policymakers, including those at some of Asia's most intervention-minded central banks, are holding the line on their currency policies after China's surprise devaluation of the yuan. But so far policymakers from South Korea, India, Indonesia and Japan see no reason for tit-for-tat trade-war policies. China is its largest...

  • SINGAPORE/ LONDON, Aug 11- Global policymakers, including those at some of Asia's most intervention-minded central banks, are holding the line on their currency policies after China's surprise devaluation of the yuan. But so far policymakers from South Korea, India, Indonesia and Japan see no reason for tit-for-tat trade-war policies. China is its largest...

  • SINGAPORE, Aug 11- Some of Asia's most interventionist central banks are for now holding their nerve on currency policy after a major devaluation in the currency of one of their top trading partners, China. Even as market participants pushed the yuan down further to test a 2- percent daily limit, policymakers from South Korea, India, Indonesia and Japan said they...

  • SHANGHAI, Aug 11- China devalued the yuan on Tuesday after a run of poor economic data, guiding the currency to its lowest point in almost three years in a move it billed as free-market reform. Data released at the weekend showed that China's exports tumbled 8.3 percent in July, hit by weaker demand from three huge trading partners- Europe, the United States and Japan.

  • SEOUL, Aug 10- For the boldest frontier market investor: North Korea is looking to raise $39 million from foreign investors to fund a new brewery in Wonsan, an eastern port city where leader Kim Jong Un has big development ambitions. Egypt's Orascom Telecom, which runs Pyongyang- based Koryolink- the country's sole mobile phone network- has not been able to withdraw...

  • DIARY-Top Economic Events to Aug 20 Friday, 7 Aug 2015 | 8:01 PM ET

    ATLANTA, United States- Federal Reserve Bank of Atlanta hosts the "Developing Qualified Workers: Pathways to Employability for High School Students and Graduates" forum and Atlanta Fed President Dennis Lockhart gives welcome remarks- 1300 GMT. ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks before the Atlanta Press...