Tuesday, August 14, 2018
Home » News (page 3)

News

Big Story With Chanda Kochhar — The Inflation Demon (video)

Chanda Kochhar, ICICI Bank’s MD & CEO speaks about consumption, inflation and the need to revive the investment cycle. Tune in to this segment of Big Story to hear her views on cash flows, rate cuts and speedy clearances.   BloomergUTV

Read More »

It will take a lot more than Abenomics to boost Japan Inc

May 3 – Major Japanese firms such as Toyota and Sony report earnings a few months after Japan’s prime minister Shinzo Abe moves to reflate Japan’s economy. Tara Joseph says what to expect in Asia next week.   ReutersTV

Read More »

China Manufacturers Survive by Moving to Asian Neighbors

SHENZHEN, China—In a corner of a sprawling factory in this coastal southern city, sewing machines that stitched blouses and shirts for Lever Style Inc.’s clients now gather dust. As the din on the factory floor has dropped, so, too, has the payroll. Over the past two years, Lever Style’s employee count in China has declined by one-third to 5,000 workers. …

Read More »

BRICS countries play decisive role in world economy (video)

Former European Central Bank chief Jean-Claude Trichet gives an exclusive interview to RT focusing on the growing global role of the five major emerging economies known as BRICS.

Read More »

China, 15 other Asian nations to start trade talks

BANDAR SERI BEGAWAN, Brunei (AP) — China and 15 other Asia-Pacific nations will kick off the first round of free trade talks next month to create one of the world’s largest trading blocs, officials said Thursday. The Regional Comprehensive Economic Partnership is a rival pact to the U.S.-led Trans-Pacific Partnership, a free trade initiative involving a dozen countries but that …

Read More »

Asia spearheads economic recovery, but risks overheating

After a lethargic year plagued by slow recovery and lukewarm markets, the IMF foresees Asia leading the three-speed global recovery with at least 5.75 percent overall growth in the region, but warns of a financial imbalance in 2013. There will be gradual growth in 2013, and inflation is expected to stay within a manageable range, the International Monetary Fund said …

Read More »

Bitcoin Crash Spurs Race to Create New Exchanges

The rush to build a more reliable exchange for the virtual currency bitcoin is under way after another price crash on Wednesday disgruntled customers who directed their anger against the alternative currency’s major exchange. Bitcoin proved once again that it’s not for the faint hearted as it lost 60 percent of its value on Wednesday with the biggest exchange Mt.Gox …

Read More »

India’s Factory Output Unexpectedly Rises

India’s industrial production unexpectedly rose in February after policy changes and interest- rate reductions to revive economic growth from its weakest pace in a decade. Production at factories, utilities and mines climbed 0.6 percent from a year earlier after a 2.4 percent gain in January, the Central Statistical Office said in a statement in New Delhi today. The median of …

Read More »

Eurozone slowdown no longer biggest threat to Asia growth

Heightened political tensions have overtaken the eurozone debt crisis and US fiscal shock as the biggest threats to the developing economies in Asia, according the Asian Development Bank (ADB). While “austerity fatigue” in the euro area and “unresolved fiscal drag” in the US remain significant risks to developing Asian economies, escalating border disputes in the region pose the largest menace …

Read More »

US OK’s Japan’s entry into trans-Pacific trade pact negotiations

WASHINGTON – The United States on Friday approved Japan’s entry into negotiations on the Trans-Pacific Partnership, a critical step for Tokyo’s inclusion in a regional trade pact that underpins the Obama administration’s efforts to boost exports to Asia. Acting U.S. Trade Representative Demetrios Marantis said in a statement that the U.S. and Japan have agreed on robust actions in the …

Read More »