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Credit India's efforts to deregulate its economy plus China's decision to slow its economic growth with the coming change.

The Asian Infrastructure Investment Bank reflects China’s desire to counter the perceived hegemony of international lenders dominated by the West.

A Chinese plan for an infrastructure development bank has attracted interest from neighbors and one big opponent: the United States.

The ADB kept its growth forecast for China at 7.5 percent in 2014 and 7.4 percent in 2015.

After devastating floods in 2011, farmers in Cambodia are facing another bad season and with that, rising debts.

A protracted slowdown in India and China, and QE nervousness are projected to slow developing Asia’s growth rate to 6 percent in 2013.

China is intent on getting its pollution problem under control and that includes public shaming.

Emerging economies would do well to focus on manufacturing despite the lure of the service sector, ADB said in an annual report.

Infrastructure development is key to Asian nations' shift away from export-based economy, officials agree.

Japan’s parliament approved the nomination of former Asian Development Bank president Haruhiko Kuroda as the next BOJ governor on Friday.

Haruhiko Kuroda, Tokyo's nominee to be Bank of Japan's head honcho, vows to fight against deflation.

The U.S. stock index futures point to a lower open ahead of the Bureau of Labor Statistics' unemployment report.

The Asian Development Bank slightly lowered the 2012 and 2013 growth forecasts for developing Asia.

The Asian Development Bank cut its 2012 and 2013 growth estimates for several developing countries in Asia Wednesday, citing weakness in global demand.

After breaking from decades of military rule, Myanmar's parliament ratified legislation promoting foreign investment on Friday, opening the southeast Asian country to investment from companies like MasterCard Inc. (NYSE: MA), the Coca-Cola Company (NYSE:KO) and General Electric Co. (NYSE: GE).

India is still a Third World country and needs to spend mightily on infrastructure to become the superpower it aspires to.

South Korea's economic growth slowed down to 0.4 percent in the second quarter compared to previous three months, weighed down by the faltering global economy and the intensifying debt crisis in the euro zone, data released by the Bank of Korea Thursday showed.

The Asian Development Bank (ADB) cut its growth forecasts for developing Asia on Thursday, saying financial and economic problems in Europe and the United States had cut demand for exports, although Southeast Asia remained a bright spot. China's economy was expected to grow 8.2 percent this year and India's 6.5 percent, Kuroda said.

South Korea's central bank cut the interest rate Thursday for the first time in over three years in a move to stimulate the faltering economic growth of the country.

South Korea's consumer confidence fell in June as compared to May, weighed down by the faltering global economy and the intensifying debt crisis in the euro zone.

South Korea's unemployment rate fell in May to its lowest in four months with the availability of more jobs in the service sector, according to figures reported by Statistics Korea Wednesday.

China and Japan, not exactly the world's best friends, will soon be walking away from the dollar, hand-in-hand. Although the two countries have their share of diplomatic problems, June 1st will mark a historic day in Sino-Japanese relations, as they move to conduct trade directly using their own currencies.

South Korea's unemployment rate fell in April with the availability of more jobs in the service sector according to figures reported by Statistics Korea Wednesday.

Myanmar can post six percent economic growth next year if the right reform steps are taken by the government, the International Monetary Fund (IMF) has said.

Asia is doubling the size of its foreign currency reserve safety net to $240 billion, finance ministers and central bank officials announced Thursday following a 13-nation meeting in Manila. The reserve funds a multilateral currency swap agreement aimed at protecting Asian markets from global economic crises.

South Korea's industrial output declined 3.1 percent in March from the previous month with exports decreasing and domestic demand continuing to be weak.

South Korea's central bank has lowered the country's growth forecast for 2012 to 3.5 percent on account of the global economic slowdown that has resulted in the weakening of exports.

South Korea's central bank said Friday that it is keeping the key interest rate unchanged at 3.25 percent, subsequent to the inflationary pressures witnessed by the country.

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