Asia Pacific

A leading member of China’s monetary policy committee has called on authorities to raise interest rates to cool an overheating economy – as the People’s Bank of China moved Sunday to hike bank reserve requirements, while leaving benchmark rates unchanged

Market jitters over withdrawal of stimulus policies and looming asset bubbles in China are weighing heavy on domestic stocks. But what happens in China may well give warning of what happens to global markets when stimuli are unwound in advanced economies

Lukoil, the Russian oil company, will invest $480 million in Uzbek natural gas fields this year as it moves to expand production from non-Russian assets

Indian infrastructure companies will not be allowed to refinance domestic debt through overseas borrowing for projects in the operating stage, the country’s finance secretary said on Sunday

Indonesia’s resilience in the wake of the global crisis has won it many plaudits. But in a second term that has been dogged by corruption scandals and unseemly politicking, the pressing question is whether President Susilo Bambang Yudhoyono can push through his ambitious reform agenda

Sovereign debt burdens in the West still threaten to torpedo the global economic recovery, despite Greece’s historic bailout yesterday from the European Union and the IMF, experts have warned

In March, Malaysia’s prime minister Najib Razak unveiled the latest blueprint for the country’s economic development. But he faces a litany of problems – not least retooling a faltering economy and retaining a popular mandate

Thai finance minister Korn Chatikavanij this weekend denied there would be any regional spillover from the country’s political crisis, despite growing fears that it could dent investor confidence in southeast Asia

Philippine policy-makers say they can breathe life into the country’s flagging deficit reduction programme despite two years in which previous progress has been reversed

In an exclusive interview with Emerging Markets in his sprawling Dubai residence, Thaksin claims the battle for Thailand’s soul has already been won

Political turmoil threatens Thailand’s nascent economic recovery

China’s spectacular lending binge has brought into sharp relief the need among lenders to shore up their eroded capital base. But more worrying is a likely surge in non-performing loans that could stretch state finances to the limit