Economy News

China factory activity shrinks for 4th month, but pace of decline slows


BEIJING - China's factory activity shrank for the fourth straight month in April, signalling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the slowdown.

Japan overhauls its public pension fund, the world's biggest

TOKYO - Japan overhauled the world's biggest public pension fund on Tuesday, appointing new committee members, in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy.

Japan, 22 Apr 2014

Insight - Wage cuts make Spain's recovery a long, painful path

MADRID - Carmen Collado has laundered hospital linen in Madrid for 11 years. Now, almost half her colleagues have been fired and the 61-year-old grandmother is cleaning the same bed sheets, nurses' scrubs and towels as before for half the pay.

22 Apr 2014

World Cup to kick up prices in inflation-weary Brazil

BRASILIA - As if worrying about unfinished stadiums and overcrowded airports wasn't enough, the upcoming soccer World Cup will give Brazilian policymakers another headache: an inflation spike.

21 Apr 2014

A tough sell: insurance against a China financial crisis

SINGAPORE - Selling insurance against a financial crisis should not be difficult, five years after the last one nearly wrecked the global economy.

21 Apr 2014

China's cooling property market a risk to economic growth

BEIJING - China's property market could threaten Beijing's plan to manage a slowdown in growth, as evidence mounts of a rapid cooling in what had been one of the few strong spots in the world's second-largest economy.

18 Apr 2014

Japan investment in Southeast Asia surges amid China slump

TOKYO - Japanese companies' investments in Southeast Asia surged last year to almost three times the amount invested in China, after relations between Beijing and Tokyo soured in 2012 and Chinese labour costs rose, a government agency of Japan said on Friday.

Japan 18 Apr 2014

U.S. jobless claims hover near pre-recession levels

WASHINGTON - New applications for unemployment benefits held near their pre-recession levels last week, offering further evidence of the economy's underlying strength.

17 Apr 2014

S&P: India ratings to depend on next govt's policies

MUMBAI - Standard and Poor's may upgrade India's outlook if the government that is elected next month addresses some of the country's fiscal and economic challenges through steps such as passing a goods and services tax.

17 Apr 2014


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Gold hovers near 2-1/2 month lows

SINGAPORE - Gold was steady but near its lowest in more than two months on Wednesday, with stronger equities denting the metal's safe-haven appeal and outflows from bullion funds showing weak investor appetite.


Asian Markets

Asian Markets

Asian stocks flat after China PMI meets expectations  Full Article 

Chinese Economy

Chinese Economy

Factory activity shrinks for 4th month; pace of decline slows   Full Article 

International Gold

International Gold

Gold hovers near 2-1/2 month lows on firm equities, fund outflows  Full Article 

GM Lawsuit

GM Lawsuit

GM seeks U.S. court protection against ignition lawsuits  Full Article 

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Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage