U.S. house prices rose 7.1 percent in the year through February, said the Federal Housing Finance Agency (FHFA) on Tuesday, indicating an increasingly confirmed recovery as many other housing indicators also suggest that the rebound in homebuilding activity is on firm footing.
Less than a month after Fitch Ratings gave the Philippines the much-awaited investment grade, the Philippine Stock Exchange (PSE) on Monday breached the critical 7,000 level for the first time in the history of the local bourse.
China's economic growth in the first quarter of the year is at a reasonable level and the country will maintain its macro-economic policies, the central bank said Sunday in a statement.
The International Monetary Fund (IMF) on Saturday wrapped up its spring meetings with calls for a mix of policies to boost growth and employment worldwide.
Japan registered its biggest ever trade deficit of 8.17 trillion yen in the 2012 fiscal year through March, according to a preliminary report released by the Finance Ministry on Thursday.
Police in northwest China's Ningxia Hui Autonomous Region also reported on Monday that they've seized 36 kilograms of heroin, worth 3.2 million U.S. dollars.
The Washington-based International Monetary Fund (IMF) on Tuesday called on different countries to take appropriate reform measures to tackle their specific economic challenges against the backdrop of a three-speed recovery.
China's fiscal revenue growth continued to slow in the first quarter, mainly as a result of the country's tempered economic expansion, structural tax reforms and sluggish import growth, the Ministry of Finance (MOF) said Monday.
China's gross domestic product (GDP) growth unexpectedly slowed to 7.7 percent in the first quarter of 2013, down from 7.9 percent during the final quarter of 2012, data from the National Bureau of Statistics showed on Monday.
The world economy looks better than it did half a year ago, but uneven pace of growth among regions have brought about a "three-speed" global economy, said the head of the International Monetary Fund on Wednesday.
China's consumer price index (CPI), a main gauge of inflation, rose 2.1 percent year on year in March, down from a 10-month high of 3.2 percent in February, according to official data released Tuesday.
Beijing Xiangeqing Co. Ltd., a renowned Chinese restaurant company, will restructure its business by refocusing its customer base after being hit hard by the government's frugality campaign.
Qingming, a traditional Chinese Festival to pay respect to the deceased, falls on April 4th this year. Local residents in Dujiang Dam, Sichuan, held a ceremony to offer sacrifices to "water god" to pray for favorable weather in the coming year. Duilt in 256 B.C. by local governor Li Bing during the Warring States (475-221 B.C.), Dujiang Dam is the world's oldest irrigation project.
The Standard & Poor's 500 (S&P 500) and the Dow Jones Industrial Average Indices on Thursday ended with their new record closing highs and wrapped up the quarter with amazing gains.
China's telecommunications operators are being squeezed by messaging applications installed in the smartphones they encouraged users to buy, which depend on the networks that operators spent pretty pennies to build.
The fifth Vivid Sydney program is launched on Thursday, marking another vital step placing Sydney at the heart of Asia's creative industries.
New home prices rose more steeply in more Chinese cities in February, putting the government in an increasingly complex situation of regulating the bubble-ridden market, official data showed Monday.
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