The South Korean government on Monday slashed its growth forecasts for 2011 and 2012 to reflect slowing economic momentum stemming from the euro-zone debt crisis but indicated that it will remain fisc…
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Japan wholesale prices climb but deflation persists
Japanese wholesale prices rose at a faster pace than expected in November due to higher energy costs, but a firm yen and weak domestic demand will likely curb price increases ahead, suggesting the eco…
Japan GDP growth lowered to 5.6pc
Japan’s key economic growth figure has been revised down to an annualised 5.6 per cent in the July-September quarter from 6.0 percent announced previously.
On a quarterly basis, gross domestic p…
Global survey ranks Japanese cities as most expensive to live in for expatriates
Expatriates in Japan have the highest living expenses compared to their counterparts working elsewhere in Asia, due largely to the Japanese currency’s recent sharp rise, a global survey said Tue…
S Korea confirms continuing slow growth
South Korea’s third-quarter gross domestic product grew by a revised, seasonally adjusted 0.8 percent from the previous quarter, confirming that Asia’s fourth-largest economy slowed for th…
S Korea’s 3Q GDP revised up slightly
South Korea’s economy grew a seasonally adjusted 0.8 percent in the July-September period from the previous quarter, revised data showed on Tuesday, just above an estimated 0.7 percent gain repo…
S Korea national brand value ranks 16th in world
Korea’s brand value has increased by 19.6 percent, according to this year’s final nation brand report by Brand Finance, an independent intangible asset valuation consultancy based in Londo…
Japan to boost spending
Japanese Prime Minister Yoshihiko Noda ordered his government to craft a new spending package by the middle of the month to protect the nation’s post-quake economic recovery, the fourth such ext…
S Korea exports top forecasts, inflation up
South Korean exports in November grew more than expected while inflation climbed back above the central bank’s target band, data showed on Thursday, reinforcing market views interest rates would…
Japan households reduce spending as unemployment rises
Japanese household spending fell while the unemployment rate rose in October, raising concerns about the country’s economic recovery.
Household spending fell by 0.4 percent from a year ago, whil…