South Korea cut its economic growth forecast on Thursday as Europe’s debt crisis dampens demand for the country’s exports.
Gross domestic product will likely expand 3.3 percent this year, …
South Korea cut its economic growth forecast on Thursday as Europe’s debt crisis dampens demand for the country’s exports.
Gross domestic product will likely expand 3.3 percent this year, …
Japanese retail sales growth in the year to May slowed for a second consecutive month in a sign that a bounce in private consumption after last year’s devastating earthquake is starting to fade.…
Japanese Prime Minister Yoshihiko Noda won on Tuesday lower house approval for his signature tax-increase plan, but enough ruling party rebels rejected the plan to threaten a break-up of the party whi…
South Korea’s household loans have grown "at an alarming rate" to USD553 billion in April and are vulnerable to financial shocks arising from a global economic downturn, a report said …
South Korea’s key retail sales on Sunday showed that private consumption in Asia’s fourth largest economy remained sluggish in May at a time when exports are being dampened by a prolonged …
The International Monetary Fund warned Tuesday of likely slower growth for South Korea this year due to the faltering global economy, joining a series of think tanks which have slashed their predictio…
Japan’s first quarter economic growth was revised up to 1.2 percent from the earlier reported 1.0 percent, reflecting upward revisions in capital spending and private consumption, data showed on…
South Korea’s top retail outlets saw their sales in May fall for a second consecutive month from a year earlier, underscoring weakening domestic demand even as global demand cools for the countr…
South Korea’s inflation remained moderate in May, official figures showed on Friday, with the consumer price index rising 2.5 percent from a year earlier.
The year-on-year increase was unchanged…
Japan’s greying population will continue to exert downward pressure on the country’s economy but some of the associated problems can be addressed by businesses responding to growing overse…