Asia & Indian Sub-Continent

http://economictimes.indiatimes.com/news/economy/infrastructure/mumbai-emerges-as-best-city-to-invest-with-returns-from-12-19-report/articleshow/20206126.cms Mumbai emerges as best city to invest with returns from 12-19%: Report By Sobia Khan, ET Bureau | 22 May, 2013 BANGALORE: Mumbai emerges as the best city to invest in with investor returns ranging from 12%-19% across 33 business districts in India, ranked on the basis of investor returns over the next five… Continue Reading

http://economictimes.indiatimes.com/news/economy/foreign-trade/tibet-could-emerge-as-trade-route-for-sino-india-commerce/articleshow/20206527.cms Tibet could emerge as trade route for Sino-India commerce By PTI | 22 May, 2013 BEIJING: With Premier Li Keqiang promising to further open up China’s huge market to Indian products to bridge the ballooning trade deficit, Tibet could emerge as the trade route between the two countries, a Chinese expert has said. The… Continue Reading

http://economictimes.indiatimes.com/news/international-business/china-banks-curb-loans-to-commodities-firms-in-hot-money-battle/articleshow/20202283.cms China banks curb loans to commodities firms in hot-money battle By Reuters | 22 May, 2013 SHANGHAI/HONG KONG: Chinese commodities firms importing everything from gold and rubber to base metals are struggling to get trade loans as banks scrutinise their activities and hold back credit following Beijing’s orders to rein in currency speculation.China is… Continue Reading

http://online.wsj.com/article/SB10001424127887324787004578496821746546246.html?mod=rss_economy Thai Central Bank Weighs More “Relaxed” Policy May 21, 2013 BY NOPPARAT CHAICHALEARMMONGKOL AND WILAWAN WATCHARASAKWET BANGKOK—The Bank of Thailand’s governor is refusing to tip his hand as calls mount for a rate cut later this month, saying weaker growth could warrant a more “relaxed” monetary policy but that recent poor data represent an… Continue Reading

http://economictimes.indiatimes.com/news/economy/finance/india-deserves-upgrade-in-sovereign-rating-p-chidambaram/articleshow/20156889.cms India deserves upgrade in sovereign rating: P Chidambaram By PTI | 20 May, 2013 NEW DELHI: India deserves a rating upgrade in view of improvement in macro-economic situation, the conservative outlook of Standard & Poor’s notwithstanding, Finance Minister P Chidambaram said here today. “Our case is that we deserve an upgrade both on the… Continue Reading

http://economictimes.indiatimes.com/news/international-business/japans-economic-drive-needs-structural-reforms-robert-zoellick-former-world-bank-chief/articleshow/20159904.cms Japan’s economic drive needs structural reforms: Robert Zoellick, Former World Bank chief By AFP | 21 May, 2013 WASHINGTON: Former World Bank president Robert Zoellick said Monday Japan’s economic drive needed accompanying structural reforms, voicing fear that recent growth could be just a “sugar high.”Japan posted 0.9 per cent quarter-to-quarter growth in the three… Continue Reading

http://www.zerohedge.com/news/2013-05-20/india-finance-minister-begs-citizens-stop-buying-gold India Finance Minister Begs His People To Stop Buying Gold Submitted by Tyler Durden on 05/20/2013 While the overnight collapse in precious metals has been notably retraced, the media is unable to take its eyes off the ball that the status quo is shaking focusing on the demise and what that must mean for… Continue Reading

http://online.wsj.com/article/SB10001424127887324787004578494501390260658.html?mod=fox_australian Indonesia Names Investment Chief as Finance Minister May 20, 2013 BY ANDREAS ISMAR AND JOKO HARIYANTO JAKARTA, Indonesia—Indonesia named investment chief Chatib Basri as its new finance minister Monday, making the longtime technocrat the country’s third finance head in three years and handing him the tough task of trying to help revamp the fast-growing… Continue Reading

http://economictimes.indiatimes.com/news/economy/agriculture/conference-move-to-promote-honey-industry-of-northeast-india/articleshow/20150759.cms Conference: Move to promote honey industry of Northeast India By Bikash Singh, ET Bureau | 20 May, 2013 GUWAHATI: To provide interface to farmers engaged in honey business and industry, a honey season is organised in Guwahati where leading industries in the segment and exporters are expected to participate. North Eastern Regional Agricultural Marketing… Continue Reading

http://economictimes.indiatimes.com/news/international-business/indonesia-2014-govt-budget-assumes-45-hike-in-subsidised-petrol-price/articleshow/20148541.cms Indonesia 2014 govt budget assumes 45% hike in subsidised petrol price By Reuters | 20 May, 2013 JAKARTA: Indonesia’s government is assuming there will be a 45 per cent rise in the price of subsidised petrol, a move widely seen as essential to relieve mounting pressure on the state finances.The government has been agonising… Continue Reading