JAPAN

Memo To Mayer: 3 Points For A Better Yahoo

 Google Inc vice president Marissa Mayer unveils Google Instant in San Francisco
Now that you are starting as the third CEO of Yahoo (Nasdaq: YHOO) in a year, have a seat on the board of directors and are about to run your first company, here are a few things to keep in mind.
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Residential Complex

India's Growth Downgraded; ADB Forecasts 6.5 Percent

The Asian Development Bank (ADB) cut its growth forecasts for developing Asia on Thursday, saying financial and economic problems in Europe and the United States had cut demand for exports, although Southeast Asia remained a bright spot. China's economy was expected to grow 8.2 percent this year and India's 6.5 percent, Kuroda said.
Assam Tea

India's Industrial Output in May Up by 2.4 Percent

India's industrial output picked up more than expected in May, bolstering the case for the Reserve Bank of India (RBI) to keep interest rates high at its next policy meeting as a slow start to the monsoon puts pressure on inflation, especially food prices.
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Asian Stock Markets Fall On Slowdown Fears

Asian stock markets plunged Thursday as unexpected interest rate cut in South Korea fueled concerns over global economic slowdown and the Federal Reserve offered no strong hints about another round of quantitative easing.
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Asian Shares Flat After Release Of Fed Minutes

Asian shares barely budged Thursday as the U.S. Federal Reserve appeared to put off taking more aggressive stimulus steps until economic conditions worsen, offering investors few reasons to take risks with second-quarter earnings painting a globally gloomy picture.
A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh, June 23, 2008.

OPEC Sees World Oil Demand Declining 11% Next Year

Economic slowdown in the U.S., China and emerging markets, a rise in political tensions in the Middle East and Europe's debt crisis means oil consumption will not be rebounding anytime soon, according to the world's largest oil cartel.
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Asian Stocks End Lower On Dim Earnings Outlook

Asian stock markets mostly ended lower Wednesday, following declines on Wall Street Overnight, as concerns over corporate earnings outlook and euro zone crisis weighed on the sentiment.
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Asian Shares Nudge Up As Investors Await China Data

Asian shares crawled higher on Tuesday after sharp losses the day before but gains were limited as investors, worried about a global economic deceleration, waited for Chinese trade data due later in the day that could set the tone for risk appetite.
Brazil

World Economies Slowed In May, Even White-Hot Brazil Disappoints: OECD

The world's major economies extended their slowdown in May, with conditions deteriorating significantly in India and Italy, according to a statistical indicator released by the Organisation for Economic Co-operation and Development on Monday. Even in Brazil, one of the few economies surveyed that is expanding, the pace of growth slowed.

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