Japanese and Chinese companies are ready to set up outsourcing operations in the Philippines where they have opportunity to polish their English and take advantage of the advanced commercial banking s…
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Japan Sep output slumps, deflation persists
Japanese factory output fell for the fourth straight month in September, the longest streak of declines in more than a year, adding to signs the economy is losing momentum as slowing export growth and…
Lawson to buy HMV Japan
Japan’s second largest convenience store operator Lawson Inc. said on Thursday it will acquire all outstanding common shares in HMV Japan K.K. for JPY1.8 billion (USD22.3 million) on 1 December …
Ikea to enter S Korea
Ikea Group president and CEO Mikael Ohlsson has reiterated comments made on a recent trip to Delhi that the retailer is preparing for market entry into South Korea. He has also confirmed the retailer&…
China growth eases as inflation hits a high
China’s rapidly expanding economy slowed in the latest quarter, in line with government efforts to put the brakes on growth, although inflation in September hit its highest level in 23 months.
T…
Malaysia, India settle on key trade agreement
A long-delayed trade accord between Malaysia and India will take effect by next July, doubling two-way trade to USD15 billion by 2015.
The Comprehensive Economic Cooperation Agreement will cover trade…
S Korea GDP slows but beats expectations
South Korea’s economic growth in the third quarter slowed sharply from the pace in the second quarter, but beat market expectations, adding to hopes that the recovery in Asia’s fourth-larg…
NZ business confidence rises in Oct
Business confidence picked up in October in the latest National Bank of New Zealand Business Outlook survey, mostly because of a burst in confidence in earthquake-hit Canterbury.
Overall, a net 24 per…
Japan-India pact to help exports, deepen economic ties
Japan and India struck a bilateral economic partnership agreement on Monday, taking a big step towards deepening economic ties.
The accord is expected to encourage Japanese companies to boost investme…
Australia 3Q10 core consumer prices rise 0.6pc
Australia’s third-quarter consumer price index (CPI) figures, including two of the several underlying measures that the central bank looks at, were released by the Australian Bureau of Statistic…