Asia/Pacific

Austerity versus growth version 3.0 at G20/IMF

World policymakers gather in Washington later this week to ponder how to sustain economic recovery at a time when the United States is about to turn off its money taps.


Thai junta says will help kick-start stalled Dawei talks

Thailand will revive talks with Japan and Myanmar aimed at kick-starting the floundering multi-billion dollar Dawei Special Economic Zone in Myanmar, a junta spokesman said on Thursday.

Daimler, Nissan to cooperate on transporter vans

Daimler has struck a cooperation deal with Nissan Motor Co. on transporter vans, deepening a strategic alliance between the German and Japanese automakers.

Japan PM still 'neutral' on tax hike but recovery weak: economy minister

Japanese Prime Minister Shinzo Abe remains "completely neutral" on whether to raise the national sales tax, Economy Minister Akira Amari said on Sunday even as he expressed concern about the strength of the country's economic recovery.


Latest News

Japan's Tokio Marine Holdings Inc sees many attractive acquisition opportunities in North America, its chief executive said, even after spending more than $7 billion to buy insurance companies there in the last six years.
China's services sector grew at its slowest pace in eight months in September after new orders shrank for the first time since the 2008 global financial crisis, a survey showed on Friday, exposing more weakness in the world's second-largest economy.
The president of Emirates airlines [EMIRA.UL] said on Thursday that demand for flights to Africa from Asia has fallen due to concerns over the Ebola virus.
Online retailer Amazon.com Inc plans to sell packaged food and beverages in India from mid-October, the Economic Times reported, citing a person familiar with the matter.
Asian stocks fell on Thursday, dragged lower after the first case of Ebola diagnosed in the United States spooked Wall Street overnight, while a bout of risk aversion pushed down yields and put the dollar's recent rally on pause.
The dollar rose above 110 yen for the first time in six years and held near a two-year peak against the euro on Wednesday, as investors added to bets that U.S. data will drive the Federal Reserve to tighten policy.
A growing middle class and consumers' evolving attitudes toward health and travel have fueled a global spa and wellness industry worth an estimated $3.4 trillion in 2013, according to a report released on Tuesday.
Cybersecurity researchers have uncovered a computer virus that spies on Apple Inc's iOS operating system for the iPhone and iPad, and they believe it is targeting pro-democracy protesters in Hong Kong.
China's growing consumer economy will lead to rise in prices and eventually reduce its role as the supplier of cheap consumer goods to the world.
China's government has kicked off a media campaign in support of genetically modified crops, as it battles a wave of negative publicity over a technology it hopes will play a major role in boosting its food security.
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