CHINA

Bank of China

Chinese Banks' Bad Loan Nightmare

China's credit risk is probably much worse than the official non-performing loan (NPL) data suggests, according to Société Générale's China macro strategist Wei Yao.
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Nikkei Stock Exchange

Asian Markets Fall On Weak Japan, South Korea Data

Asian markets fell Thursday as investors' concerns about the weakening global economy was revived by the declining Japanese retail sales and disappointing South Korean manufacturers' confidence data.
US GDP

US 2Q GDP Revised Up To 1.7%, Stock Futures Point To Slight Gains

The U.S. economy expanded slightly faster than initially thought in the second quarter, but the pace of growth is still too slow to create enough jobs and drive down the unemployment. Economists are forecasting even slower growth in the second half of 2012, which will probably keep expectations of additional monetary stimulus from the Federal Reserve intact.
Egypt

NAM Summit: Has Morsi’s Iran Visit Led To Unwarranted Finger-Pointing Against Egypt?

The last time the nations participating in the Non-Aligned Movement (NAM) summit came under fire due to the host country's obvious anti-American stance was in 1979 when Cuba hosted the event. Iran, which is hosting the summit this year, has made sure that the summit, that usually doesn't generate substantial interest, is back in the limelight.
Boeing Airbus

Boeing, Airbus Battleground Shifts To Asia-Pacific

As the deepening sovereign debt crisis in Europe dampens air travel demands in the region, the world's two largest airplane makers, Boeing Co. (NYSE: BA) and Airbus S.A.S. (EPA: EAD), are now bringing their fierce competition to the Asia-Pacific skies.
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Asian Stocks Ease Marginally, Euro Falls

Risk assets fell Tuesday with the investors awaiting an announcement of some monetary easing measures by the Fed at the meeting of central bankers and economists at Jackson Hole, Wyoming, later in the week.
India, China meet

India, China Press Each Other for Market Access

India and China pressed each other for greater market access for their products from medicines to Bollywood films at a meeting of trade ministers on Monday, seeking to expand commercial ties between the Asian giants as they battle a global downturn.
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Asian Shares Steady, Awaiting Jackson Hole Meeting

Markets from stocks to currencies were caught in ranges Tuesday as investors waited for a gathering of central bankers and economists at Jackson Hole, Wyo., later in the week for clues over the Federal Reserve's potential easing options.
Tiffany

Tiffany Lowers Profit Forecast, Shares Rally Anyway

When Tiffany & Co. (NYSE: TIF) cut its fiscal year sales and earnings guidance for a second straight quarter on Monday, stock in the company rallied over 7 percent. The reason: investors think the worst is over for the New York-based jeweler.

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