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Hollande leaves domestic woes behind for sales trip to China French President Francois Hollande, accompanied by a high-powered business delegation, starts a two-day visit to China Thursday, with trade rather than geopolitics at the top of the agenda.

24 April 2013

OECD backs Japan deflation fight, says must cut debt The Organisation for Economic Co-operation and Development on Tuesday backed Japan's bid to end years of deflation, but called on Tokyo to step up efforts to shrink its huge debt pile.

24 April 2013

GDP expected at 5% in H1 in Kazakhstan Forecast GDP growth will make 5 percent in Kazakhstan in the first half of 2013.

23 April 2013

Swiss watchmakers keep wary eye on China The world's biggest watch fair is set to open this week in Basel amid growing uncertainty over whether the industry can keep up its momentum and rake in another year of record sales in China.

23 April 2013

Kaesong closure hits South Korean deals The closure of the Kaesong joint-industrial zone has begun to hit deals between South Korean manufacturers and foreign buyers.

20 April 2013

G20 pledge 'ambitious' steps to spur growth, jobs The Group of 20 economic powers pledged "ambitious" steps Friday to spur growth and job creation to get the crisis-scarred global economy back on track.

20 April 2013

India reaches 'broad consensus' on land acquisition bill India's main political parties have struck a "broad consensus" on a contentious land acquisition bill to better reward landowners whose property is bought for industrial development.

20 April 2013

Weak global economy key worry as IMF, World Bank meet Advanced and developing countries alike voiced worries over fragile global growth, eurozone stagnation and the swamp of excess monetary liquidity as the IMF and World Bank spring meetings kicked off.

19 April 2013

NGO slams IMF's 'double standard' on austerity Jubilee USA Network, a debt-relief organization, on Thursday criticized the International Monetary Fund for using a "double standard" in prescribing austerity measures to troubled economies.

19 April 2013

APEC warns against currency devaluations, property bubble Asia Pacific economies must refrain from competitive currency devaluations and are vulnerable to speculative buying in the housing market.

19 April 2013

UN tips faster Asian growth, urges poverty action Asia-Pacific growth will edge up this year on the back of a recovery in the US and emerging nations.

18 April 2013

Sprint counteroffer to make no difference: SoftBank Japan's SoftBank said Tuesday it still expects its bid to acquire Sprint Nextel will succeed on schedule in July, despite a higher counter-offer from a US firm.

17 April 2013

S. Korea proposes $17.3 bn extra budget for 2013 South Korea proposed Tuesday a 17.3 trillion won ($15.4 billion) supplementary budget to help boost the economy, including further spending on defence at a time of heightened tensions with the North.

16 April 2013

Oil tumbles for second day on slower Chinese growth Oil prices tumbled further in Asia on Tuesday, dragged by prospects of weaker crude demand from China after data showed the world's second largest economy was not growing as fast as expected.

16 April 2013

Kazakhstan economy growth to exceed Russia 2.5-fold in 2013 Kazakhstan will achieve the target value of the economy growth set at 6 percent by the end of the year: official.

16 April 2013

Kazakhstan government instructed to narrow gap between rich and poor Nursultan Nazarbayev instructed Kazakhstan government to work on narrowing the gap between rich and poor.

15 April 2013

Strong growth in Asia but overheating a risk: World Bank East Asian and Pacific economies will grow 7.8 percent this year on robust domestic demand.

15 April 2013

Oil down as China's GDP comes in below expectations Oil was down in Asia on Monday after China's economic growth for the first quarter came in below expectations, with sentiment also weighed by forecasts of weaker global demand.

15 April 2013

Barroso assures US of Europe's 'strong' economy The president of the European Commission, Jose Manuel Barroso, called on the United States Friday to not underestimate Europe's economic strength.

14 April 2013

Euro ministers in bid to finalise Cyprus bailout Eurozone and EU finance ministers meet in Dublin from Friday to finalise the Cyprus bailout and consider extending debt repayment dates for Portugal and Ireland.

12 April 2013

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