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Archive Asia Economy

  • *Imports f'cast +18.0 pct, trade deficit seen at 54.9 bln yen. TOKYO, Dec 15- Japan's exports are expected to have risen for a 12th straight month in November, a Reuters poll showed on Friday, as buoyant overseas demand helps drive a steady economic recovery. "The data will confirm exports are on a rising trend as the global economy is expanding," Mana Saito, economist at...

  • *Japan re-exports LNG to China in unusual move. *Tankers from the Americas divert to China. SINGAPORE, Dec 15- Liquefied natural gas is being re-exported to China from Japan and tankers are being diverted from as far away as Brazil, with traders rushing to find cargoes in the face of a supply crunch in the world's No.2 economy as winter bites.

  • *Big manufacturers' sentiment index at plus 25 vs f'cast. TOKYO, Dec 15- Japanese business confidence improved for a fifth straight quarter in the three months to December to hit an 11- year high, a central bank survey showed, a sign the economy is gathering momentum from robust exports and booming corporate profits. Nudging cash-rich firms into spending more on...

  • TOKYO— A quarterly business outlook survey by Japan's central bank shows corporate sentiment has improved to its highest level in 11 years in the latest upbeat signal for the economy. The Bank of Japan's "tankan" index for large manufacturers, released Friday, was 25 in December, up from 22 in September. The economy has gathered momentum thanks to a recovery in...

  • TOKYO, Dec 15- Big Japanese manufacturers' business confidence improved for a fifth straight quarter in the three months to December to hit a 11- year high, a central bank survey showed, a sign the economy is gathering momentum from robust exports and booming corporate profits. It matched a high marked in December 2006. "The tankan results support the BOJ's bullish...

  • *Big manufacturers' sentiment index at plus 25 vs f'cast. TOKYO, Dec 15- Big Japanese manufacturers' business confidence improved for a fifth straight quarter in the three months to December to hit a 11- year high, a central bank survey showed, a sign the economy is gathering momentum from robust exports and booming corporate profits. It matched a high marked in...

  • MOSCOW- Central Bank of Russia announces interest rate decision- 1030 GMT. SATURDAY DECEMBER 16 BANGKOK- ECB Executive Board member Benoit Coeure speaks at an event organized by the South East Asian Central Banks Board of Governors in Bangkok. BUDAPEST- Hungarian Central Bank to discuss the final version of the Inflation Report.

  • New Zealand Finance Minister Grant Robertson says a mini-budget that boosted aid to families is about sharing economic growth benefits more widely.

  • Divya Devesh of Standard Chartered Bank says he is "quite bullish' on euro-dollar in 2017.

  • New Zealand Finance Minister Grant Robertson won't set a specific target for the Kiwi, but says the currency is in a sustainable range now.

  • New Zealand Prime Minister Jacinda Ardern says the country is committed to relying on global institutions to build trade links.

  • NEW YORK, Dec 14- European shares closed down on Thursday after policy meetings from major central banks in Europe failed to provide momentum, while the Dow and the Nasdaq Composite were down as investors waited for more information on Republicans' tax overhaul. Both the European Central Bank and Bank of England left interest rates unchanged, as expected.

  • NEW YORK, Dec 14- World stock markets were little changed on Thursday after policy meetings from major central banks in Europe, while some U.S. shares were buoyed by news that the Republicans' tax legislation could face final votes in Congress before year-end. Both the European Central Bank and Bank of England left interest rates unchanged, as expected.

  • *Dubai property developers drag market lower. DUBAI, Dec 14- Middle Eastern stock markets were mixed on Thursday, with the Saudi Arabian bourse taking little encouragement from the government's announcement of a 72 billion riyal stimulus package. They include residential loans worth 21.3 billion riyals, a 10 billion riyal fund to support economic projects,...

  • Federal Reserve gave investors pause on a day packed with central bank decisions in Europe. Both the European Central Bank and the Bank of England left interest rates unchanged as expected, and traders will focus on the ECB's press conference at 1330 GMT for hints on the bank's policy outlook. "The ECB took some quite big steps a few weeks ago and nothing new was...

  • Russian President Vladimir Putin says he supports efforts to repatriate children born to Russian parents who have joined the Islamic State group in Syria and Iraq. Now that IS has suffered a crushing defeat, Chechen leader Ramzan Kadyrov launched an effort to locate and repatriate children who were born in Syria and Iraq to Russian parents or moved there with...

  • SHANGHAI, Dec 14- China's central bank raised interest rates on its standing lending facility short-term loans by 5 basis points on Thursday, sources with direct knowledge of the matter said. The increase came after the People's Bank of China raised rates on reverse repos and medium-term lending facility loans earlier in the day, just hours after the Federal...

  • TOKYO, Dec 14- Japan's ruling bloc approved a plan on Thursday to slash the corporate tax rate to around 20 percent from 30 percent- but only for companies that raise wages aggressively and boost domestic capital spending. The carrot-and-stick approach is Prime Minister Shinzo Abe's most aggressive step yet to convince companies to lift wages 3 percent, which...

  • SHANGHAI, Dec 14- China stocks fell on Thursday, after the country's central bank nudged up money market rate following the widely expected U.S. rate hike, and as mixed data reinforced signs of a modest slowdown in the Asian economic powerhouse. China's central bank lifted money market rates as authorities sought to defuse financial risks without imperilling...

  • Chinese President Xi Jinping (R) meets with South Korean President Moon Jae-in in Da Nang, Vietnam, Nov. 11, 2017.

    Beijing and Seoul's relationship has been testy since a U.S. anti-missile deployment in South Korea, but that may soon change.

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