Tag: Asia

• Thursday, January 18th 2018 - 09:44 UTC

  China and Japan slow down purchase of US Treasury securities

  

  China cuts its holdings of U.S. Treasury securities in November 2017 after adding US$ 8.4bn in October. China's holdings of U.S. treasuries dropped by US$ 12.6bn to US$ 1.1766 trillion in November last year. China remained the largest holder of U.S. treasuries.

• Tuesday, June 12th 2012 - 19:42 UTC

  The Pacific Alliance, yet another bloc in Latin America

  

  The newly-formed Pacific Alliance bloc seems more like a political club to counterbalance the Atlantic-facing, Brazil-led Mercosur group. However, the bloc accounts for 30% of India’s trade with Latin America. Can India engage the group so it is not left out from their Asia focus?

• Monday, May 7th 2012 - 05:43 UTC

  Latam-Asia trade expanding at an annual rateo f 20.5%, reaching 442bn in2011

  

  Trade between Asia and Latin America reached 442 billion dollars in 2011 growing at an annual rate of 20.5% in the last twelve years according to a joint report from the Inter American Development Bank and the Asian Development Bank.

• Tuesday, March 6th 2012 - 23:55 UTC

  China boosts domestic security budget to face growing unrest

  

  Premier Wen Jiabao said China would strengthen its military's capabilities to win “local wars under information-age conditions”, even as the government announced a steep 11.5% rise in domestic security spending to ensure stability ahead of a leadership transition.

• Monday, January 23rd 2012 - 04:08 UTC

  Asia welcomes the Year of the Dragon, the most revered sign of the Chinese zodiac

  

  Asia welcomed the Year of the Dragon on Monday with a cacophony of fireworks, hoping the mightiest sign in the Chinese zodiac will usher in the wealth and power it represents.

• Saturday, December 31st 2011 - 18:28 UTC

  “Fasten your seatbelts; it’s going to be a bumpy year!”

  

  By Nouriel Roubini (*) - The outlook for the global economy in 2012 is clear, but it isn’t pretty: recession in Europe, anemic growth at best in the United States, and a sharp slowdown in China and in most emerging-market economies.

• Saturday, September 17th 2011 - 02:58 UTC

  Argentina will defend domestic market from flood of “Asian textile imports”

  

  Argentina will reinforce the defence of its domestic market from ‘the danger of an invasion of Asian countries’ imports, as a consequence of the world crisis, promised this week Industry Minister Debora Giorgi.

• Friday, September 9th 2011 - 22:05 UTC

  Mercosur and Mexico auto industry agree to jointly compete with Asia

  

  Mercosur and Mexico signed an agreement which virtually liberates all bilateral auto industry trade and opens prospects for joint undertakings world wide. The event took place in Montevideo, administrative capital of Mercosur.

• Friday, August 5th 2011 - 07:42 UTC

  Black Thursday in US and Europe turns into black Friday in Asia

  

  Asian stock markets have slumped on Friday, extending a global equity sell-off after Wall Street had its worst day in more than two years. Japan's main Nikkei 225 index shed 3.4% to 9,329.75. South Korea lost 4.2%, Australia slid 2.4% and China's Shanghai SE Composite Index was down 2%.

• Monday, June 27th 2011 - 06:40 UTC

  Global rice production reaches 476 million tons in 2011; strong Mercosur recovery

  

  Global rice production is expected to touch 476 million tons in 2011, on the back of improved weather conditions, as the influence of La Niña is expected to neutralize by June, United Nation’s body FAO said.