- 21 Nov 2012:Japan's prime minister dissolved the lower house of parliament Friday to avoid a disastrous freeze in government spending, triggering elections that could result in more aggressive policies to stimulate the country's economy.
- 23 Oct 2012:The strong Japanese yen has hurt the country's export competitiveness, while demand has evaporated as growth slowed in most regions. Meanwhile, the country's energy imports have risen following closures of most of its nuclear plants.
- Chinese factories are losing pricing power in the worst wholesale-cost deflation since 2009, signaling corporate earnings may deteriorate further and putting a damper on global inflation pressures.
- 19 Sep 2012:Japan has partially approved a plan - without a specific deadline - to phase out nuclear power after last year's Fukushima disaster, officials say.
- 14 Sep 2012:The US central bank has moved to kick-start economic recovery by restarting its policy of pumping money into the economy via quantitative easing.
- 12 Sep 2012:Washington had repeatedly urged Taipei to ease restrictions on US beef, indicating that the stalled trade talks between the two sides hinge on the issue.
- 22 Aug 2012:Japan has reported a wider-than-expected trade deficit in July, as slowing demand from China and Europe weighed on exports.
- 30 May 2012:Japan and China said Tuesday they will start direct currency trading this week, marking the first time Beijing has let a major unit other than the dollar swap with the yuan.
- 15 Mar 2012:
- 12 Mar 2012:'Made in Japan' stamp to disappear as tsunami sees industry move out (March 11) - Daily Telegraph (UK)"It is likely to mean fewer goods are 'Made in Japan', but more are 'Made by Japan'," said David Rea, Japan economist at Capital Economics.
- China posted its largest trade deficit in at least a decade in February after imports of commodities jumped as companies built up supplies.
- 14 Feb 2012:Leaders from China and the European Union are holding a summit in Beijing set to focus on Europe's debt crisis, as the EU hopes for Chinese support.
- 10 Feb 2012:China's exports and imports both fell in January 2012, raising fresh concerns about the impact of a global slowdown on its economy.
- 7 Feb 2012:Sean Chen, the new premier, said on Monday that Taiwan needed to move beyond export manufacturing to design, research and development - products should not only be made in Taiwan, but also designed by Taiwan.
- 29 Dec 2011:The troubled single currency also hit a one-year low against the US dollar, hitting $1.2887.
- 21 Dec 2011:The strength of the Japanese yen as well as the ongoing European debt crisis have weighed on external demand.
- 29 Nov 2011:Yuan halts three-day loss on Europe's efforts to solve crisis (November 29) - Bloomberg (via Businessweek)The yuan halted a three-day losing streak on speculation European leaders will boost efforts to solve the region's sovereign-debt crisis.
- 23 Nov 2011:China's manufacturing activity dropped to a 32-month low in November, renewing fears the Asian powerhouse is losing steam amid global economic woes.
- South Korea's parliament has ratified a free-trade deal with the US, after years of wrangling over the issue.
- 21 Nov 2011:Japan's exports fell for the first time in three months, indicating that the yen's appreciation and financial turmoil in Europe are slowing the nation's recovery from the March disaster.
- 12 Oct 2011:The US Senate has voted through a bill which aims to punish China for keeping its currency artificially undervalued.
- 3 Oct 2011:The bill would require the commerce department to use estimates of currency undervaluation when calculating so-called "countervailing duties," imposed against imports deemed to be state-subsidised.
- 22 Sep 2011:Taiwan's dollar weakened for a fourth day, sliding to an eight-month low, on concern that slowing global growth will weaken demand for the island's exports and slow job creation. Bonds rose.
- Japan's exports rose less than expected as slowing growth abroad and the strength of the yen have held back the country's economic recovery.
- 9 Sep 2011:Japan's economy contracted more severely in the second quarter than was initially estimated, revised government data has shown. The decline came as companies cut back spending due to concerns about a slowing global economy and a rising yen.
- The US's biggest industrial companies face an average bill of at least US$100m each over the next five years as they struggle to fill the skills gaps left by the looming retirement of "baby boomer" factory workers.
- 8 Sep 2011:German exports fell by 1.8% in July, much more than expected, official figures have shown.
- 4 Sep 2011:The US economy failed to add jobs in August.
- 1 Sep 2011:China's Purchasing Managers Index (PMI) rose to 50.9 in August from 50.7 the previous month, up for the first time in four months.
- 24 Aug 2011:The Japanese government has announced a new US$100 billion fund to help companies combat the strength of the yen.
- 19 Aug 2011:New data on the US economy, including a huge drop in a regional manufacturing survey, has heightened market fears of a new recession.
- 29 Jun 2011:Japan's industrial production rose for a second straight month in May, after falling sharply in the wake of the March 11 earthquake and tsunami, but the increase in factory output was lower than the government had forecast.
- 31 May 2011:Factory output rose by 1% in April from the previous month as companies worked towards dealing with problems in supply chain disruption.
- 26 May 2011:A warning from a government trade council in Taiwan highlights concerns that the island has become increasingly isolated by the burgeoning network of free trade agreements connecting Asia and the rest of the world.
- 11 May 2011:Taiwan's currency advanced 0.8% to NT$28.511 against its US counterpart as of 9:24 a.m. local time, according to Taipei Forex. It touched NT$28.495 earlier, the strongest level since October 1997.
- 2 May 2011:China economic growth may moderate as manufacturing index slips (May 1) - Bloomberg (via Businessweek)A Chinese manufacturing index declined in April from March, indicating that growth may moderate in the world's second-biggest economy after the government raised interest rates and allowed faster gains in the yuan.
- 21 Apr 2011:The driving force of Japan's economy has gone into reverse. In March exports fell 2.2% which is the first drop in almost a year and a half.
- 18 Apr 2011:Japan voters critical of Kan's response, support disaster taxes (Apr 18) - Bloomberg (via Businessweek)Japanese voters are critical of Prime Minister Naoto Kan's handling of the crisis at a crippled nuclear plant and support raising taxes to finance rebuilding plans after last month's earthquake and tsunami, surveys show.
- 15 Apr 2011:The reserves increase as Beijing buys dollars and other foreign currency to restrain the rise of its yuan as export revenues and investment pour into its economy. In freer trading, that flood of cash would push up the yuan's value against the dollar, making Chinese exports more expensive abroad.
- 12 Apr 2011:The deficit for the first three months of 2011 stood at US$1.02 billion, according to the latest data by the General Administration of Customs. China has said that it is working towards increasing domestic demand and becoming less reliant on exports to sustain its growth.
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