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Asia Economy News. Service for global professionals. Constantly updated news and information about Asia Economy.
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Latest Asia Economy News

  • Albanian billionaire Sahit Muja is investing 100 million dollars in real estate in India 19 Dec 2009 10:18 GMT
    ... of top real estate investment markets in Asia for 2010, according to a study by PricewaterhouseCoopers (PwC) ... The report, which provides an outlook on Asia-Pacific real estate investment and development trends, points ... lenders, brokers and consultants. Since the global economic meltdown, asset markets in the Asia-Pacific region ...

  • Poverty reduction in Vietnam remains 'a work in progress' 19 Dec 2009 10:13 GMT
    ... developing countries across the globe. Here in East Asia, there have been virtually no challenge funds ... But we do believe that Vietnam’s current economic conditions provide a very promising environment in ...

  • The Year of the Market Breakouts 19 Dec 2009 09:02 GMT
    ... 344%. To learn more about these incredible picks, click "Market Breakouts" will begin in Asia where economies are recovering much faster than anywhere else. And Asian central bankers already see them coming. Hong Kong’s central banker, Norman Chan, gave the San ...

  • Markets Choppy Overnight as BOJ Rejects Deflation 19 Dec 2009 09:02 GMT
    ... have any intention of increasing interest rates. Asian indexes slipped overnight, with Japan’s benchmark Nikkei Average ... contributed to the poor returns in the Asia Pacific Region. Adding to investor woes, both FedEx ...

  • FACTBOX: Key facts and figures about Afghanistan 19 Dec 2009 08:59 GMT
    ... * Afghanistan is a landlocked country in Central Asia which shares borders with Iran, Pakistan, China, Tajikistan, ... Devastated by 30 years of conflict, Afghanistan's economy is dependent on foreign aid. Some 90 ...

  • KPMG reports 2009 revenues of US$20.1 billion 19 Dec 2009 07:54 GMT
    ... expanding opportunities among developing markets, particularly in Asia where financial services revenues increased by more than ...  "KPMG’s strongest performing region was Asia Pacific, with local currency growth of 3.9 percent, ... group grew 4.3 percent. Middle East and South Asia (MESA), where KPMG is also investing, was ...

  • HCMC retains property development promise 19 Dec 2009 06:51 GMT
    ... and economic collapse, asset markets in the Asia Pacific region are holding up surprisingly well compared ... economy, it said. As a result, many Asian markets were beginning to flash positive signals toward ...

  • ADB sees GDP growth slower at 5.2 percent in FY2010; Suggests augmenting public spending, accelerating ADP implementation 19 Dec 2009 06:18 GMT
    ... Dhaka, Dec 17, 2009 (Asia Pulse Data Source via COMTEX) -- -- The Asian Development Bank projected Bangladesh? s slower GDP growth ... percent for the FY2010 as the global economic meltdown continues to impact on the country ...

  • Fitch affirms Sabic at 'A+', outlook stable 19 Dec 2009 05:54 GMT
    ... production facilities with close proximity to growing Asian markets. Sabic benefits from access to competitively-priced natural ... US and, with a large-scale JV in Asia. It has also made progress in its ... its financial profile alongside the expected gradual economic recovery, due to strong internal cash generation, ...

  • China Auto News of the Week (Dec. 14 - 18, 2009) 19 Dec 2009 05:45 GMT
    ... venture to focus on India and other Asian markets. The 50:50 new venture, General Motors ... Ulrich Walker, chairman and CEO of Daimler Northeast Asia, told reporters. Shanghai, December 16 (Gasgoo.com) Ford ...

  • Qingdao Port, China Merchants form JV 19 Dec 2009 05:12 GMT
    ... Terminal, invested by Qingdao Port Group, COSCO Pacific, DP World, AP Moller-Maersk Group and Pan Asia Shipping, and China Merchants Group's unit China Merchants ... increase its ability to deal with the economic crisis but promote the development of Qingdao ...

  • ORACLE REPORTS Q2 GAAP EPS OF 29 CENTS UP 15%, NON-GAAP EPS OF 39 CENTS UP 15% 19 Dec 2009 04:31 GMT
    ... 1% in the Americas and 2% in Asia Pacific versus a negative 35% and negative 34% ... results to differ materially from expectations: (1) Economic, political and market conditions, including the recent ...

  • JAL looks likely to link with Delta 19 Dec 2009 02:35 GMT
    ... clinch a strong foothold in the huge Asian market. Each U.S. carrier promised nearly 100 billion ... the loss of the alliance's linchpin in Asia. The SkyTeam, meanwhile, would be able to ... have too high a share in the cross-Pacific routes to be granted an anti-trust exemption.(IHT/Asahi: ...

  • Local stocks inch up for the week 19 Dec 2009 02:02 GMT
    ... lead. Investors also received some encouraging local economic data during the week. The Reserve Bank ... it had agreed to terms with AXA Asia Pacific Holdings (AXA APH) to the company's Australian ...

  • GLOBAL MARKETS-Dollar, oil gain after Iran-Iraq oilfield row 19 Dec 2009 01:59 GMT
    ... dollar gained broadly on Friday on improved economic sentiment and a safe-haven bid after Iranian ... lower at 1,013.15. The MSCI index of Asia Pacific stocks traded outside Japan <.MIAPJ0000PUS>, which has ...


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