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Asia Country Update - 2013-05-15
- Country news
- 5 days ago
- by Economist Intelligence Unit
Asian economies are recovering from the 2012 slowdown, but not uniformly The economies of Asia , Australasia (excluding Japan ) are rebounding unevenly from the regional slowdown that occurred in 2012, which reflected both weaker Chinese GDP growth , a slackening of global demand. We estimate that aggregate GDP growth in the area slipped to 5.3 % in real terms last year, from 6.5...
Economic Growth In Asia And The Pacific To Pick Up In 2013 [sri Lanka Sunday Observer]
- Country news
- May 12, 2013
- by HT Media
Sri Lanka , 2013-05-12 -- The near-term economic performance of the Asia-Pacific area is likely to pick up in 2013 but will still be below its growth potential, with developing economies in this area projected to expand by 6 % this year, up slightly from 5.6 % in 2012, the UN Economic Commission for Asia , the Pacific (ESCAP) said on Thursday. In its annual Economic , Social Survey ...
- Countries : Asia
Developing East Asia Holds The Economic Bright Spots For 2013
- Country news
- May 10, 2013
- by Plus Media Solutions Pakistan
KARACHI : The Global economic outlook continues to be revised downwards for 2013, due to weaker growth in advanced economices, especially the Euro region. However, forecasts for Developing East Asia continue to hold strong, as reported by QNB Group . The World Bank in its recent update on East Asia was more upbeat about the area , forecasted a real GDP growth of 7.9 % for 2013, after an est...
- Countries : Asia, China, Philippines
Quick View - Private Consumption Supports Modest Economi
- Country news
- May 10, 2013
- by Economist Intelligence Unit
Event Figures published on May 10th by Hong Kong's Census , Statistics Department show that the territory's economy expanded by 2.8 % year on year in the Q1, unchanged from the revised figure for the previous quarter. In seasonally adjusted, quarter-on-quarter terms, growth slowed to 0.2 %, from 1.4 % in September- December 2012 . Analysis The headline GDP growth figure wa...
Euro Up In Asian Trade
- Country news
- May 6, 2013
- by Bangladesh Sangbad Sangstha
SINGAPORE , 2013-05-06 (BSS/AFP) - The euro rose against the dollar in Asian trade Monday as a better-than-expected US April jobs report boosted hopes of resurgent growth in the world's biggest economy, analysts said. The euro was at US Dollars 1.3122 in afternoon Asian trade from US Dollars 1.3116 in New York late Friday. The single currency was also buying 130.04 yen from 129.80 yen . ...
- Countries : Asia
Time To Put Asean On The Map
- Country news
- May 6, 2013
- by New Straits Times
IF you are not too sure what Asean is, now would be a good time to get up to speed, with the leaders of this Asian trade bloc of 10 meeting this week for their 2Second Summit in Brunei . As demand slumps in debt-ridden Europe , the area looks increasingly attractive for profit-hungry British corporates. Recent data from the Office of National Statistics shows a 5.8 per cent drop in UK ex...
- Countries : Asia
Euro Up In Asian Trade [times Of Oman]
- Country news
- May 6, 2013
- by Al Bawaba Ltd.
The euro rose against the dollar in Asian trade Monday as a better-than-expected US April jobs report boosted hopes of resurgent growth in the world's biggest economy, analysts said. The euro was at US Dollars 1.3122 in afternoon Asian trade from US Dollars 1.3116 in New York late Friday. The single currency was also buying 130.04 yen from 129.80 yen . The dollar was up to 99.10 yen from 99.00 yen ...
- Countries : Asia
Adb Flags Danger Of Asia 'asset Bubbles'
- Country news
- May 4, 2013
- by Bangladesh Sangbad Sangstha
NEW DELHI , 2013-05-04 (BSS/AFP) - Emerging Asia needs to be on guard against "asset bubbles" as central banks globally loosen monetary policy, the Asia Development Bank's managing director warned yesterday. Last month, Japan's central bank announced it would pump $1.4 trillion into the economy over the next 2 years, administering unprecedented financial shock treatment to end 2 d...
Asia:asian Shares Rise After Ecb Rate Cut
- Country news
- May 3, 2013
- by Australian Associated Press
HONG KONG , 2013-05-03 AFP - Asian markets have mostly risen, aided by a European Central Bank interest rate cut aimed at stimulating growth in the sluggish eurozone , a positive US jobless claims report. Seoul closed 0.43 per cent, or 8.50 points, higher at 1,965.71, Shanghai ended up 1.44 per cent, or 31.38 points, at 2,205.50 , Hong Kong rose 0.10 per cent, or 21.66 points, to 22...
- Countries : Asia
Asian Shares Rise After Ecb Rate Cut [times Of Oman]
- Country news
- May 3, 2013
- by Al Bawaba Ltd.
Asian markets mostly rose on Friday, aided by a European Central Bank interest rate cut aimed at stimulating growth in the sluggish eurozone , a positive US jobless claims report. Seoul closed 0.43 %, or 8.50 points, higher at 1,965.71 while Sydney ended flat, losing 0.5 points, at 5,129.5. In afternoon trade Shanghai jumped 1.41 % , Hong Kong gained 0.21 %. ...
- Countries : Asia
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