Asian Economy

Canberra suspicion over China's new fund

China wants Australia to join an internationally-funded development bank, but questions over the plan are dividing federal cabinet.

Tokyo stocks lose 1.8% at the open

by AAP
Nikkei 225 slides in early trade after sell-offs on US and European markets because of worries over the global economy.

US calls for world economic action

by AP
Treasury Secretary Jacob Lew says Europe, Japan and China are failing to deliver support.

Japan current account surplus widens

by AFP
August data shows $3bn surplus recorded for month.

China shifts from imitation to innovation

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Online payment system Alipay may be China's answer to Paypal, but like so many 'copies' it is starting to move well beyond the product it imitates.

Vale’s iron-ore carriers are a game changer

Vale's new bulk carriers are the largest ever built and dramatically cut the price of Brazilian ore exports - if, that is, China will let them dock.

How Modi’s 'Make in India' is turning red tape into red carpet

The Indian Prime Minister is being hailed as a visionary for his efforts to transform the nation into a global manufacturing hub.

Why Asia must open up to foreign investment

Years of easy economic gains in Asia have delayed the need for foreign investment reform, but the tide appears to be turning.

Naval gazing

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Has the decision to purchase Japanese submarines opened up a fresh dispute for the government?

An opportunity for Australian investors in India

India's ambitious proposals to tackle corruption will be warmly welcomed by Australian firms, which will be looking to capitalise on the country's sizeable and growing economic base.

Abbott eyes India FTA by end of 2016

by AAP
PM unveils commitment to finalising negotiations, laments 'spluttering' progress.

It wouldn’t matter if China went into a recession

A recession in China might result in a temporary confidence shock here in Australia, but we'd get over that pretty quickly.

Palmer hurting China FTA talks: Robb

Trade Minister says PUP leader's comments "unhelpful" to ongoing negotiations.

Japan's tax blues are only part of the problem

Comprehensive reforms are needed to lift expectations and boost confidence in a post-consumption era.

IMF urges economic reform in Japan

by AFP
Fund says Japan must raise its sales tax once more amid fears over public debt burden.

BoJ holds stimulus program steady

by AFP
Japan's central bank slightly lowers growth forecast, says economy is recovering.

A sleeping economic giant on Australia's doorstep

Indonesia's growing political and economic clout has the potential to transform it into South-East Asia's next superpower, presenting Australia with opportunities that it cannot afford to ignore.

Packer praises Japan FTA

Crown chairman says free-trade deal with Japan ‘critically important’ to Australia’s future.

Abbott, Abe sign trade deal

by AAP
Japan invokes "special relationship" with Australia, opposition urges trade deal details.

Why India is looking east for economic growth

India's involvement in the Regional Comprehensive Economic Partnership will strengthen its ties with East Asia, but domestic reforms are needed if it is going to consolidate the benefits of the agreement.