4:59 pm April 18, 2014 | No Comment
Japanese companies’ investments in Southeast Asia surged last year to almost three times the amount invested in China, after relations between Beijing and Tokyo soured in 2012 and Chinese labor costs rose, a government agency of Japan said on Friday.
9:36 am April 18, 2014 | No Comment
The International Monetary Fund said South Korea’s won was estimated to be undervalued by as much as 8 percent, as the country has “tended to be” more active intervening against the won’s appreciation.
8:57 am April 18, 2014 | No Comment
Average new home prices in China’s 70 major cities rose 7.7 percent in March from a year earlier, easing from the previous month’s 8.7 percent rise, according to Reuters calculations based on official data published on Friday.
8:17 am April 18, 2014 | No Comment
Thai companies have endured eight straight years of political tension marked by violent street clashes, making them increasingly desperate as orders decline and capacity is idled.
10:00 am April 17, 2014 | 1 Comment
Consumer-focused companies from Ikea to European automakers are putting money into Indonesia to target the country’s young population.
9:08 am April 17, 2014 | No Comment
China’s slump in property sales and construction is spurring speculation that the government’s four-year-old campaign of real-estate controls will start to crack.
8:07 pm April 16, 2014 | 1 Comment
The Indonesian government must cut its energy subsidy this year if it wants to keep the budget deficit at less than 3 percent of the country’s gross domestic product, some economists said.
4:15 pm April 16, 2014 | 1 Comment
Egypt’s tourism revenues dropped 43 percent in the first quarter of 2014 to $1.3 billion, Adela Ragab, the country’s economic adviser to the Minister of Tourism, told Reuters today.