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Japan's jobless rate fell to 4.4 percent in May
A gardener tends to plants at the entrance to The Reserve Bank of India (RBI) headquarters
An employee waits to deposit Indian rupee notes at a bank in Mumbai
An Indian journalist speaks on a phone outside the head office of the Reserve Bank of India in Mumbai
An Indian journalist speaks on a phone outside the head office of the Reserve Bank of India in Mumbai
An Indian journalist speaks on a phone outside the head office of the Reserve Bank of India in Mumbai
Japan's Economy, Trade and Industry Minister, Yukio Edano, pictured on June 16
Vietnam's economy grew 5.9 percent last year, and the government is aiming for a 6.0-6.5 percent expansion this year
US Commerce Secretary John Bryson
Graphic charting China's manufacturing activity
Japan trade balance
The Reserve Bank of India said the benchmark repo rate, at which it lends to commercial banks, would remain at 8.0%
The Reserve Bank of India said the benchmark repo rate, at which it lends to commercial banks, would remain at 8.0%
The Bank of Japan has kept its key interest rate unchanged at between zero and 0.1 percent
Indian Finance Minister Pranab Mukherjee
The Bank of Japan has kept its key interest rate unchanged at between zero and 0.1 percent
In the January-March period, India's economy grew just 5.3 percent, its slowest quarterly expansion in nine years
Bryson is being investigated over two car collisions on Saturday
The People's Bank of China, which is loosening its control over interest rates
China's exports rose 15.3% in May to $181.1 bln and imports increased 12.7% to $162.4 bln
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Official clears Indian banks of money-laundering

By Staff Reporter  AFP Asian Edition
Mar 21, 2013 13:31 EDT
A senior Indian central bank official cleared three private banks of money-laundering on Thursday after an undercover media investigation led to the suspension of dozens of their employees.
 

New BoJ chief pledges 'all-out efforts' on deflation

by Hiroshi Hiyama  AFP Asian Edition
Mar 21, 2013 09:18 EDT
The Bank of Japan's new governor Haruhiko Kuroda on Thursday pledged "all-out efforts" to rid Japan of growth-sapping deflation as gloomy new trade data underlined the scale of the task ahead.
 

Oil prices fall on profit-taking

By Staff Reporter  AFP Global Edition
Mar 21, 2013 08:46 EDT
Global crude oil prices turned lower on Thursday as traders banked profits despite strong Chinese manufacturing data.
 

PetroChina 2012 net profit falls 13%

By Staff Reporter  AFP Asian Edition
Mar 21, 2013 06:52 EDT
PetroChina on Thursday reported that 2012 net profit fell 13.3 percent, despite increased production, as the oil giant was hit by a slowdown in the growth rate of the Chinese economy.
 

China manufacturing 'improves in March'

By Staff Reporter  AFP Asian Edition
Mar 20, 2013 23:05 EDT
Manufacturing activity in China improved in March after expanding at its slowest pace in four months in February, HSBC said on Thursday, lifting hopes for a pick-up in the world's number two economy.
 

Egypt president sets sights on joining BRICS

By Staff Reporter  AFP South Asian Edition
Mar 20, 2013 08:52 EDT
Egypt's President Mohamed Morsi said Wednesday he hoped his country can join major emerging market peers in the BRICS group as he pitched for Indian investment in his country's troubled economy.
 

Outgoing BoJ chief Shirakawa says failed on deflation

by Hiroshi Hiyama  AFP Asian Edition
Mar 19, 2013 12:28 EDT
The Bank of Japan's outgoing governor on Tuesday acknowledged he failed to end the country's long-running deflation
 

China blasts US court for $162 mn price-fixing award

By Staff Reporter  AFP Asian Edition
Mar 19, 2013 12:11 EDT
Beijing lashed out Tuesday at a US court that ordered two Chinese pharmaceutical companies to pay $162 million for price-fixing in the US market, saying the ruling infringed its sovereignty.
 

Thailand to spend $68 bn on transport projects

By Staff Reporter  AFP Global Edition
Mar 19, 2013 10:45 EDT
Thailand's cabinet on Tuesday approved a plan to spend $68 billion on a high-speed railway and other transportation mega projects to drive the nation's economic development.
 

India cuts key interest rate to spur economy

by Salil Panchal  AFP Global Edition
Mar 19, 2013 09:48 EDT
India's central bank cut its main interest rate for the second time this year on Tuesday, lowering it by 25 basis points in an effort to jumpstart a sharply slowing economy.
 

China foreign direct investment overseas soars 147%

By Staff Reporter  AFP Global Edition
Mar 19, 2013 07:14 EDT
Chinese investment overseas in January and February soared 147 percent year-on-year to $18.39 billion, official data showed Tuesday -- more than foreign direct investment into the country itself.
 

India's central bank cuts interest rate

By Staff Reporter  AFP Global Edition
Mar 19, 2013 02:43 EDT
India's central bank cut its main interest rate by 25 basis points on Tuesday -- its second such reduction this year -- in an effort to jumpstart the slowing economy.
 

India seen cutting rates to boost growth

by Salil Panchal  AFP Global Edition
Mar 18, 2013 17:58 EDT
India's central bank is expected to cut interest rates for a second time this year on Tuesday in an effort to kickstart the country's sharply slowing economic growth, economists said.
 

New restrictions bite Hong Kong shark fin traders

by Beh Lih Yi  AFP Global Edition
Mar 17, 2013 11:32 EDT
A conservation victory restricting global trade in more shark species will take a fresh bite at Hong Kong's market in fins, which has already been hit hard by persistent attacks from anti-fin campaigners.
 

Indian banks probe alleged money laundering

By Staff Reporter  AFP Global Edition
Mar 16, 2013 10:47 EDT
India's second-largest bank by assets, ICICI, said Saturday it has suspended 18 employees in a probe into possible money laundering after a media sting targeting leading private lenders.
 

Lew to press China on cybersecurity: official

by Veronica Smith  AFP American Edition
Mar 15, 2013 13:53 EDT
US Treasury Secretary Jacob Lew will press Beijing on cybersecurity issues when he meets with China's new leadership next week, a senior US administration official said Friday.
 

Sri Lanka's growth slows as exports weaken

By Staff Reporter  AFP Asian Edition
Mar 15, 2013 13:48 EDT
Sri Lanka's economic growth slowed to 6.4 percent in 2012 from a scorching 8.2 percent the previous year, data showed Friday, hit by declining exports and weaker farm output.
 

Japan's Abe in on trade pact talks after BoJ win

by Kyoko Hasegawa  AFP Global Edition
Mar 15, 2013 13:11 EDT
Japan's hard-charging prime minister on Friday said he wanted in on talks to forge a huge trade pact, the latest bold move from a man who says he is determined to lick the frail economy into shape.
 

Asian markets mixed, yen flat after BoJ vote

by Danny McCord  AFP Asian Edition
Mar 15, 2013 07:08 EDT
Asian markets were mixed on Friday following another strong lead from Wall Street, where traders took heart from more upbeat US jobs numbers.
 

Japan's Abe scores central bank win, aims at trade

by Kyoko Hasegawa  AFP Global Edition
Mar 15, 2013 04:38 EDT
Japan's hard-charging prime minister got his pick installed as central bank chief Friday, then readied to tackle the powerful farming lobby by committing the world's number three economy to pan-Pacific trade talks.
 
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