Prime Minister Naoto Kan saidl on 3 February that the government won’t raise the consumption tax rate if it isn’t necessary, in comments that are likely to fuel opposition criticism that t…
Prime Minister Naoto Kan saidl on 3 February that the government won’t raise the consumption tax rate if it isn’t necessary, in comments that are likely to fuel opposition criticism that t…
Aaron Fischer, head of Asian consumer & gaming research at CLSA Asia-Pacific Markets, a financial consultant firm, says investors can get solid exposure to China’s luxury goods demand by buy…
China raised interest rates on Tuesday, its second increase in just over six weeks, intensifying its campaign against stubbornly high inflation.
The timing was a surprise, coming on the final day of C…
The US has raised concerns about India’s market access, removal of non-tariff barriers and reduction of duties on imports of certain products, but both countries reiterated the need to strengthe…
Indonesia’s economy grew at its fastest annual rate for six years in 2010, driven by consumer spending and investment.
Gross domestic product was 6.1 percent higher in 2010 than in the previous …
Australia’s retail sales rose only timidly in December, after the Christmas trading period was impacted by the Queensland floods, economists say.
Retail spending has increased 0.2 percent in Dec…
World food prices rose to a record high in January, according to the UN’s Food and Agricultural Organization (FAO).
The FAO Food Price Index, which measures the wholesale price of basic foods wi…
Hong Kong private sector economy continued to improve in January despite slightly weaker new order and output growth, a survey said on Monday.
HSBC Hong Kong Purchasing Managers’ Indexes (PMI) &…
Malaysia’s trade rebounded in 2010 to register impressive 18.3 percent growth, backed by the global economic recovery that had boosted demand for both manufactured goods and commodities.
Interna…
Billionaire counts fascinate so many. Part of the preoccupation is trying to determine a country’s wealth through its wealthy. Then, there are the bragging rights that come with having the highe…