Japan’s economic growth slows in Q3
Japan’s economy slowed dramatically in the three months ended September, with an annual grow rate of just 1.9 percent compared to 3.8 percent in the previous quarter.
Hong Kong threatens substantial economic sanctions against Philippines
Hong Kong has threatened to impose substantial economic sanctions on the Philippines unless progress is made within a month in talks demanding the country's apology and compensation for the Manila hostage tragedy three years ago.
High hopes for U.S. debt deal
There is increasing optimism of deal being struck to end the current U.S. government shutdown and raise the federal debt ceiling. According to U.S. media, the deal currently under discussion would fund the government until 15 January while raising the debt ceiling until early to mid-February. Senate leaders have expressed optimism that a deal could be struck but any deal would also need to pass the House of Representatives. Senate Democratic Majority Leader Harry Reid told the chamber on Monday: “We’ve made tremendous progress… perhaps tomorrow will be a bright day.” Tokyo stocks closed up 0.26 percent on the news. The U.S. must raise its $16.7 trillion borrowing limit by Thursday. Image: © Getty Copyright is owned by Asia Outlook and/or Outlook Publishing. All rights reserved.
Rupee hits new low
The Indian rupee has hit a fresh all-time low against the U.S. dollar.
Japan economic growth weaker-than-expected
Japan’s economy grew a weaker-than-expected 2.6 percent in the three months through June, according the latest government figures.
Pakistan gets $5.3bn IMF bailout
Pakistan and the International Monetary Fund (IMF) have reached a provisional agreement on a bailout of at least $5.3 billion that aims to boost its flagging economy and low foreign exchange reserves.
Pro inflation policy: Japan’s economy in recovery?
A weaker yen has been good for Japanese exporters but will it be good for the ordinary citizen?
Japan’s economy shows signs of recovery, grows in Q1
Japan’s economy, the third largest in the world, grew at a faster than expected pace in the first quarter led by robust private consumption and a rebound in exports on the back of the government’s radical policies to reflate the economy.
South Korea plans 17.3tln won stimulus package
South Korea has unveiled a 17.3 trillion won stimulus plan designed to boost its economy and growth prospects, its Finance Ministry said on Tuesday.
Asia markets tumble following Boston blasts
Stock indexes across Asia have fallen after two explosions at the Boston Marathon finish line on Monday unnerved investors, adding to the negative tone in Asian trade.
China’s economic growth slows
China’s economy, the world’s second largest, has slowed and performed worse than expected in the first three months of the year.
Captains charged with 39 counts of manslaughter following 2012 Hong Kong ferry crash
Hong Kong police have charged the captains of two vessels that collided off Hong Kong's Lamma Island last year with several counts of manslaughter.
