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Business

Taiwan may sign China fin pact within mth -source

Taiwan expects to sign a much-anticipated financial services pact with China within the month, a Taiwan government official said on Tuesday.
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China needs stable yuan to help exporters -minister

China will keep the yuan exchange rate basically stable to give its exporters and manufacturers a more predictable economic environment, Commerce Minister Chen Deming said. ...
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Extra-fast recovery in India, China, Australia-IMF

The IMF said on Thursday the economies of India, China and Australia were recovering especially rapidly, suggesting it notices growing pressures for authorities there to tighten monetary policy ahead of others in the region. ...
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Carbon values drive forest investment, greens wary

New rewards to store carbon in trees are driving forestry investments, but green groups fear they pose a threat to ancient woodlands and rainforests....
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Malaysia again seeks auto partner for Proton

Malaysia, which has to reduce tariffs on auto and parts imports as part of a deal with Asian neighbours, is scouting for a partner for national carmaker Proton as it faces increasing foreign competition. ...
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VP Bank sees strong rebound but lackluster growth later in the year

VP Bank Group, one of the largest private banks in Liechtenstein, today presented its financial market outlook for 2010 at a press briefing in Singapore. The bank also offered their investment advice in view of the expected “root”-shaped global economic recovery....
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China says FX reserve diversification is long-term

Diversification of China's $2.27 trillion stockpile of foreign exchange reserves is a long-standing policy that aims to avoid short-term volatility, a senior central banker said on Monday...
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Japan exports slow again, outlook in doubt

Japan's exports edged lower for the third consecutive month in September as a rising yen weighs on overseas shipments and as a rebound driven by global stimulus spending and the stocking of inventories starts to wane. ...
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Euro rises above $1.50 for first time in 14 months

The euro rose above $1.50 on Wednesday for the first time since August 2008 as expectations that the Federal Reserve would hold U.S. interest rates very low for some time yet continued to weigh on the dollar....
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EU's bank to grant Saab 400 mln euro loan

The European Investment Bank said on Wednesday it had granted a 400 million euro ($599 million) loan to ailing Swedish car maker Saab. The ...
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