Asia Business

India’s central bank cuts key interest rate to 7.5%

By Wed, Mar 04, 2015 5:41PM UTC India's central bank cuts key interest rate to 7.5%

NEW DELHI (AP) — India’s central bank unexpectedly cut a key interest rate by a quarter percentage point, the second such cut this year because of lower inflation. Wednesday’s cut brings the policy repo rate, at which commercial banks can borrow from the Reserve Bank of India, to 7.5 percent.

Survey shows China manufacturing improving

By Mon, Mar 02, 2015 3:18PM UTC Survey shows China manufacturing improving

BEIJING (AP) — A new survey shows China’s manufacturing activity improved in February for the first time in several months.

Foreign lease holders could face trouble in Thailand

By Mon, Mar 02, 2015 3:14PM UTC Foreign lease holders could face trouble in Thailand

Foreigners who hold long-term leases on property in Thailand were in for a shock last week, when a Phuket court ruled that formerly attractive secured leases are “not valid.” Foreigners technically can’t own land in Thailand, but they can sign a 30-year lease that can be renewed twice, for two more subsequent 30-year periods.

Oh, bother! It’s Singapore’s boring Budget again…

By Mon, Mar 02, 2015 6:18AM UTC Oh, bother! It’s Singapore's boring Budget again…

Every February in Singapore, the Finance Minister unveils the Government’s Budget for the next fiscal year. And every February, the Budget is met with a variety of responses.

China’s central bank cuts rates again to boost economy

By Sun, Mar 01, 2015 12:57PM UTC China's central bank cuts rates again to boost economy

BEIJING (AP) — China is cutting interest rates again in a new effort to shore up its anemic economic growth.

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