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