Economic News Asia Pacific

In Case Of Rare Default, Local Government Firm Of China Failed to Repay $629 Million

In A Case Of Rare Default, Local Government Firm Of China Failed to Repay $629 Million

In off-balance sheet loans, the firm controlled by a city government in China’s Inner Mongolia region has failed to…

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Iran Requests China to Maintain Oil Imports as US Places Sanctions

Officials from Iran have visited China to meet oil buyers for asking them to keep the imports currently in…

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India’s $1 Trillion Digital Economy Depends On Its 850 Million Internet Users

India’s $1 Trillion Digital Economy Depends On Its 850 Million Internet Users

The 850 million users of internet and penetration of 90% smartphone in the next three to four years would…

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After Recent Differences, Australian Trade Minister Ties Priority With China

After Recent Differences, Australian Trade Minister Ties Priority With China

After a series of souring in relations, Australia’s trade minister will visit China to try and reinforce ties with…

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Q1 Saw 5.4% Growth In Economy, Slowed In Second Straight Quarter

Q1 Saw 5.4% Growth In Malaysian Economy, Slowed In Second Straight Quarter

The country’s new government has been handed the task of turning around an economy that has decelerated for two…

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In Order To Buffer Australia Against Global Economic Shock Labour To Promise Bigger Surpluses

In Order To Buffer Australia Against Global Economic Shock Labor To Promise Bigger Surpluses

Labor said that it will return the budget to balance in the same year as the Turnbull government before…

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Kodak to expand licensed consumer products business in India

Kodak to expand licensed consumer products business in India

After LED TVs, Kodak is now looking to expand its brand licensing business footprint in India by launching products…

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Flipkart Walmart Deal Reveals the Evolution of Indian eCommerce

When Walmart took over Flipkart, it portrayed the fact clearly that India’s e-commerce was coming of age and repeated…

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Under Sluggish Inflation And Wages In Australia, Central Bank Does Not See Need Of Lifting Rates

Under Sluggish Inflation And Wages In Australia, Central Bank Does Not See Need Of Lifting Rates

Wage growth and inflation has undershot expectations for some years and showed little sign of heating up soon. So…

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By 2030 14 Million Jobs Could Be Created In Asia And The Pacific By A Greener Economy

By 2030 14 Million Jobs Could Be Created In Asia And The Pacific By A Greener Economy

14 million new jobs would be created in Asia and the Pacific by 2030 if the right policies to…

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