ARCADIS : China, India and Japan Among Top Markets for GDP Return
ARCADIS study reveals that eight of the top 11 markets that will see the greatest increase in built asset performance by 2022 will be in Asia
Plans to Build a “Chinese-Controlled Economic Zone” in Kenya
A 100-strong coalition of Chinese investors plan to build a “Chinese-controlled economic zone” in Kenya, made up of skyscrapers and luxury residences.
China ‘Credit Crunch’ sees Investors Purchase Gold En Masse
Gold traded on the Shanghai Gold Exchange has reached a three-month high as uncertainty grows over China’s ability to sustain the rapid rates of economic growth seen over the past decade.
Japan’s economic growth slows in Q3
Japan’s economy slowed dramatically in the three months ended September, with an annual grow rate of just 1.9 percent compared to 3.8 percent in the previous quarter.
Hong Kong threatens substantial economic sanctions against Philippines
Hong Kong has threatened to impose substantial economic sanctions on the Philippines unless progress is made within a month in talks demanding the country's apology and compensation for the Manila hostage tragedy three years ago.
High hopes for U.S. debt deal
There is increasing optimism of deal being struck to end the current U.S. government shutdown and raise the federal debt ceiling. According to U.S. media, the deal currently under discussion would fund the government until 15 January while raising the debt ceiling until early to mid-February. Senate leaders have expressed optimism that a deal could be struck but any deal would also need to pass the House of Representatives. Senate Democratic Majority Leader Harry Reid told the chamber on Monday: “We’ve made tremendous progress… perhaps tomorrow will be a bright day.” Tokyo stocks closed up 0.26 percent on the news. The U.S. must raise its $16.7 trillion borrowing limit by Thursday. Image: © Getty Copyright is owned by Asia Outlook and/or Outlook Publishing. All rights reserved.
Rupee hits new low
The Indian rupee has hit a fresh all-time low against the U.S. dollar.
Japan economic growth weaker-than-expected
Japan’s economy grew a weaker-than-expected 2.6 percent in the three months through June, according the latest government figures.
Pakistan gets $5.3bn IMF bailout
Pakistan and the International Monetary Fund (IMF) have reached a provisional agreement on a bailout of at least $5.3 billion that aims to boost its flagging economy and low foreign exchange reserves.
Pro inflation policy: Japan’s economy in recovery?
A weaker yen has been good for Japanese exporters but will it be good for the ordinary citizen?
