Asia Pacific Economy

India's Central Bank Cuts Key Lending Rates In Annual Policy Review
May 03 2013 4:31 AM

The Reserve Bank of India on Friday cut its repo rate by 25 basis points to 7.25 percent and kept the CRR unchanged.
No More Public Funds For Designer Bags In China
May 01 2013 1:21 PM

China has announced a plan to discourage overspending - something that may hurt luxury goods sales.
GM Hopes Potentially Offensive Ad Doesn't Drive Away China
May 01 2013 1:03 PM

Could a controversial advertisement for a Chevrolet vehicle put General Motors' Chinese expansion plans in jeopardy?
China's Manufacturing Hit By Falling Exports In April
May 01 2013 7:15 AM

China's manufacturers found less demand for their products last month so factories were less busy. Not a good sign.
Beijing's Nearly Uninhabitable, But Because Of Prices, Not Smog
April 30 2013 5:59 AM

The average cost of rent in Beijing is now so high that many are on the verge of not being able to afford to live there.
China's Top Salaries Still Too High For Critics
April 29 2013 12:28 PM

China's top-ranking businesspeople and officials are paid a fraction of their American counterparts, but that doesn't mean they're poor.
IMF Says Asia Boosting Global Economy, But...
April 29 2013 7:27 AM

The International Monetary Fund warned that Asian policymakers should monitor growing financial imbalances fueled by cheap credit.
Some Chinese License Plates Now Pricier Than Cars
April 26 2013 4:41 PM

When Chinese authorities introduced a lottery for car tags, they did not foresee what it would do to the nation's auto industry.
Tycoon Hires New Workers, Hong Kong Port Resumes Functioning
April 25 2013 2:55 PM

Strikers vow to continue even though they have been forced to make certain concessions.
Smoke More, So We Can Raise Revenue Through Higher Cigarette Tax: Indian Chief Minister
April 25 2013 10:52 AM

More than 120 million people in the country smoke, while almost one million die annually from tobacco-related causes.
Yuan Rising? Australia Buys Chinese Bonds
April 24 2013 8:54 AM

Australia will hold 5 percent of its foreign reserves in yuan, becoming the third country to establish direct currency trade with China.
China's Premier Unintentionally Endorses Chinese Pickles
April 23 2013 1:58 PM

Chinese Premier Li Keqiang was photographed eating pickles; the following day, the pickle-maker's stock sky-rocketed.

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