Renewed eurozone concerns have hit emerging Asian currencies which slid on Monday and are expected to fall further.
GDP growth in China falls but economy still robustAlthough economic output in China has reached a three-year low, its figure of 8.1% in the first three months of 2012 hasn’t dented its reputation as the world’s second largest economy.
Japan’s economy on the upJapan’s Cabinet Office has confirmed that its ‘economy is still picking up slowly’ despite the ongoing repercussions of the country’s earthquake.
China and Japan promote direct exchangeChina and Japan have begun work this month to produce a mutual currency exchange system.
November trade deficit sees downgrade for Japanese economyThe evaluation of the Japanese economy, provided by the Bank of Japan, has been downgraded following a large trade deficit in November.
Asia looking forward to a bright economic futureThe Asian economy appears to be in rude health according to recent reports regarding some the continent’s major economic powers.
2012 predictions for Asian marketsWith Japan experiencing the biggest sovereign debt problems among all the world currencies and the Chinese double-digit growth starting to slow, experts are already forecasting their 2012 predictions for Asian markets and currencies.
Indian economy the latest to bemoan Euro-zone/U.S.A financial troublesIndia’s Finance Minister has admitted that slowing growth, stubborn inflation and a widening fiscal debt have combined to put the nation’s economy in a ‘difficult situation.’
Leading economist predicts bright future for Malaysian economyA leading European economist has suggested that Malaysia’s recent growth demonstrates that the country is moving in the right direction financially.
South Korean economy set for tangible growth in 2012Market analysts have suggested that the South Korean economy could be set to grow by approximately 3% in 2012.