PetroChina shares hit after 3Q profit dives
Oct 31, 2012 02:12 EDT
Shares in energy giant PetroChina fell almost four percent in Hong Kong on Wednesday, after it reported that net profit in the three months to September fell by a third.
Nissan chief wary of China amid island row: report
Oct 31, 2012 00:17 EDT
Nissan would think twice before making new investments in China, the firm's chief told the Financial Times, as Japan-brand auto sales dive amid a territorial row between Tokyo and Beijing.
S.Korea industrial output inches up
Oct 30, 2012 21:57 EDT
South Korea's industrial output showed a slight expansion in September from a month before, snapping a three-month run of contractions, government data showed on Wednesday.
India keeps benchmark interest rate unchanged
Oct 30, 2012 07:44 EDT
India's central bank kept its benchmark interest rate on hold on Tuesday due to inflationary pressures, disappointing government and business leaders who wanted a cut to boost the economy.
Tokyo stocks fall after BoJ unveils stimulus
Oct 30, 2012 06:16 EDT
Asian stock markets were mixed Tuesday but Tokyo closed lower after the Bank of Japan announced monetary easing that was only slightly bigger than market forecasts and cut its growth outlook.
Bank of Japan to inject $138 bn into economy
Oct 30, 2012 05:58 EDT
The Bank of Japan on Tuesday unveiled $138 billion in fresh monetary easing, its latest volley in a battle to kickstart an economy it warned would grow much less than previously expected.
BoJ cuts Japan growth forecast
Oct 30, 2012 02:57 EDT
The Bank of Japan slashed its forecast for the nation's economic growth in the year to March, saying it now expected a 1.5 percent expansion, well down from an earlier prediction for 2.2 percent.
Japan factory output tumbles ahead of BoJ meeting
Oct 30, 2012 00:46 EDT
Japan's factory output fell 4.1 percent last month, official data showed on Tuesday ahead of a central bank meeting expected to usher in more easing measures to stimulate the lumbering economy.
Japan factory output tumbles ahead of BoJ meeting
Oct 29, 2012 22:41 EDT
Japan's factory output fell 4.1 percent last month, according to data released Tuesday ahead of a central bank meeting expected to expand measures to stimulate the lumbering economy.
Japan factory output falls 4.1% in September
Oct 29, 2012 21:23 EDT
Japan's factory output fell by a bigger-than-expected 4.1 percent in September, the industry ministry said on Tuesday, data likely to fuel worries about the world's third-biggest economy.
Japan jobless rate unchanged at 4.2% in September
Oct 29, 2012 19:55 EDT
Japan's jobless rate was unchanged at 4.2 percent in September, the internal affairs ministry said Tuesday.
Japan eyes Mozambique for cheaper coal, gas
Oct 29, 2012 17:17 EDT
Japan signed a memorandum of understanding with resource-rich Mozambique on Monday as it ramps up its hunt for new sources of energy after it shuttered all but two of its nuclear reactors.
Markets look to Bank of Japan for policy action
Oct 29, 2012 17:16 EDT
Under siege from politicians clamouring for urgent action on Japan's slowing economy, the nation's central bank was expected Tuesday to usher in fresh easing measures after its policy meeting.
India's central bank expected to resist rates cut
Oct 29, 2012 17:07 EDT
India's central bank was expected to keep interest rates on hold on Tuesday after stressing that inflation remained stubbornly high, despite ongoing pressure for a cut to boost the economy.
India's central bank hints at rates freeze
Oct 29, 2012 10:27 EDT
India's central bank stressed on Monday that inflation "remains on a sticky path", suggesting it has no plans to cut interest rates despite a slowing economy.
India unveils plan to slash deficit to 3% of GDP
Oct 29, 2012 06:58 EDT
India on Monday unveiled plans to slash its fiscal deficit to three percent of GDP by 2017, as Asia's third largest economy tackles faltering growth, but stressed that populist subsidies would remain.
Ambitious Asia plan to power Australia: PM
Oct 28, 2012 02:28 EDT
An ambitious plan aimed at maximising links with booming China and other soaring Asian economies will power Australia into the world's top 10 wealthiest nations by 2025, the government said on Sunday.
South Korean growth slows to 0.2 percent
Oct 25, 2012 21:09 EDT
South Korea's economy grew 0.2 percent in the third quarter from the previous three months -- the slowest pace in nearly three years as the eurozone crisis impacted investment activity.
S. Korean growth slows to 0.2 percent
Oct 25, 2012 19:55 EDT
South Korea's economy grew 0.2 percent in the third quarter from the previous three months -- the slowest pace in nearly three years as the eurozone crisis impacted investment activity.
Japan consumer prices down 0.1% in September
Oct 25, 2012 19:53 EDT
Consumer prices in Japan edged down 0.1 percent year-on-year in September, a decrease for the fifth consecutive month, the internal affairs ministry said Friday.