New Zealand’s economy continued to expand in the second quarter but growth was modest, weighed by a decline in manufacturing activity.
New Zealand’s national statistical office said on Th…
.
Your one-stop source for retail intelligence in Asia
NZ economy grows
China to fine Toyota amid diplomatic row
Authorities in eastern China plan to fine the auto-finance unit of Toyota Motor Corp. for "commercial bribery", a move that comes in the midst of a heated row between Beijing and Tokyo over …
India’s GDP likely to grow by 9.2pc in FY11
India’s gross domestic product is expected to grow at 9.2 percent in financial year 2011 on the back of a spurt of economic activities, the Centre of Monitoring Indian Economy reported.
The serv…
China’s workers falling through skills gap
As China battles to reduce unemployment, analysts say it is shortage of skilled workers – not jobs – that is causing problems.
Although particularly acute for college graduates, the situat…
Report: Asia’s Fab 50 companies
Economies around Asia bounced back last year, and so did many of Forbes’ Fabulous 50 companies, the publication’s annual compilation of the best big public companies in the Asia-Pacific re…
Survey: Australian consumer sentiment dives, outlook dour
Australia’s consumer sentiment fell by 5.1 percent in September amid a bleak outlook for the next 12 months, a survey carried out by Westpac and the Melbourne Institute showed on 15 September.
T…
Singapore’s PM backs rise in China’s yuan
Singapore’s prime minister Lee Hsien Loong said a faster appreciation of China’s currency would be "helpful" for the region, but cautioned that further pressure from foreign gove…
Chinese firms see pay floor rising 20pc a year up to 2015
Beijing plans to raise the minimum wage by at least 20 percent annually over the next five years to boost domestic spending power and consumption, according to a powerful consultative body.
More than …
Japan, Thailand seek currency weakening to prop up exports
Japan’s solo foray into currency markets last week, its first in six years, has sparked fears that other nations might follow its example to help their exporters, leading to a potentially danger…
Reserve Bank of India raised rates aggressively, 5th time since March
The Reserve Bank of India raised interest rates more aggressively than expected on Thursday, keeping up its fight against inflation, but signalling that it may be nearing a pause in its current tighte…