New Zealand’s economy grew slightly in the last three months of the year, managing to avoid a recession.
Gross domestic product expanded 0.2 percent in the three months to the end of December, a…
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NZ skips recession at end of 2010
Markets are shaken by Japanese disaster
The earthquake in Japan shook the stock markets worldwide as investors assessed what the costs, commercial as well as human, might be.
The across-the-board fall contributed to both food and general re…
Japan Feb exports rise 9pc on year
Japan’s exports rose 9.0 percent in February from a year earlier with its trade balance swinging back to surplus, Ministry of Finance data showed on Thursday, reflecting the global economic reco…
Beijing predicts fast recovery for Japan’s economy
The earthquake in Japan will affect Sino-Japanese trade in the short term only, according to China’s Commerce Ministry.
The Japanese economy would recover quickly and the impact would be limited…
Food, water contamination spreads in Japan
The Japanese government found more radioactive materials in food and drinking water, raising the possibility that contamination from the Fukushima Daiichi nuclear plant has spread to increasingly dist…
India’s CPI for Feb slightly higher than January’s
Consumer prices rose by 6 percent for entire India in February this year, against the average prices of 2010, slightly higher than in January. This is despite the fact that the prices rose at the…
Japan sees quake damage reaching up to USD300b
The Japanese government expects total damage from a devastating earthquake that hit northeast Japan this month to reach JPY15 trillion to JPY25 trillion (USD185-308 billion), the Nikkei newspaper repo…
HK GNP up 6.9pc in 4Q10
Hong Kong’s Gross National Product (GNP) in the fourth quarter of 2010 increased by 6.9 percent over a year earlier to HKD477.2 billion (USD61.19b) at current market prices, data released by the…
S Korean firms monitor, adjust after the quake
GM Korea Co. said on Monday it will cut production to prepare for a possible lack of automotive parts from Japan after the recent earthquake and tsunami there, following a similar decision by Renault …
Why luxury boom while others bust in China
China Market Research Group offers a number of reasons why some industries, unlike luxury clothes and accessories, do not thrive. In the case of electronics, no matter how you tag and dice the reasons…