economy

Renminbi's ascendance as international reference currency depends on size and scale of new leadership's economic reforms.

Nikkei rises 0.24 percent while KOSPI gains 0.35 percent. Hang Seng and Shanghai indices fell 0.17 and 0.15 percent respectively.

Mohammed El-Erian and Nobel Laureate Michael Spencer say world's biggest democracy holds key lessons for global economy

The Japanese government announces stimulus package as the country struggles on falling global demand.

US fast food chain's profits take a hit from competition and rising commodity prices.

With national elections just months away, Noda is keen on pulling economy out of sluggish growth.

Although the GDP has dipped, China's economy shows signs of stabilising.

Bank of Japan's monthly report shows that the country's economy will level off before picking up.

A survey by the hiring firm Manpower finds that firms of all sizes in the country are set to increase their headcount in coming months.

Chinese leadership silent on absence of heir apparent from public events and meetings with foreign dignitaries.

China expected to come out with measures to boost exports in the wake of slowing growth.

In a move to boost the sluggish economy, China plans to spend one trillion yuan (£98.7b) on highways, ports and runways.

Deputy PM urges government to stick by coalition agreement and suggests offloading capacity to Gatwick, Stansted and Luton.

Japan's export-oriented economy is under pressure due to the continuing European debt crisis and slowing global economy.

The proportion of electorate doubting the stability of the coalition has doubled in just two weeks.

Reports claim an Arab guest has already ordered a bottle.

The blackout in 20 states left more than 600 million people without power - prompting a government inquiry.

The MSCI Asia Pacific index, Hong Kong's Hang Seng and China's Shanghai Composite index all witnessed rises.

Emergency G7 talks on eurozone crisis gives a ray of hope for global markets.

The figures are the lowest over a decade for London's financial service workers.

North Korea's resources have dried up because of international sanctions and cessation of arms exports.

The CBI says the manufacturing sector is actually doing well.

A new research says a million people will be jobless for more than a year by the end of 2012, suggests a new report.

For the service sector dependent Britain, each holiday costs the economy £2.3 billion.

British holidaymakers may be planning to holiday in 2012, but which destination to choose?