Asia-Pacific
  • Newly appointed Governor of the Reserve Bank of India (RBI) Raghuram Rajan addresses a press conference at the RBI headquarters in Mumbai, India, Wednesday, Sept. 4, 2013

    Existing banks will be able to open new domestic branches without RBI permission and long-awaited new banking licenses will be issued by January, he said.

    LAST UPDATE : Sep 04, 2013, 11:45 AM EDT
    Story
  • Abenomics appears to be driving Japan out of 15 years of deflation, but broad-based demand-led recovery has still to take firm hold.Asia-Pacific,Abenomics,Bank of Japan,Inflation,Japan,Shinzo Abe,Unemployment,Paul Maidment
    Published Date : Aug 30, 2013, 12:38 PM EDT
  • China's Vice Finance Minister says growth can be supported through structural adjustments.

    LAST UPDATE : Aug 26, 2013, 11:09 PM EDT
    Story
  • Photo Credit: Reuters/Jason Lee Business as usual in China has become a risky undertaking. Not only are Chinese authorities probing the business practices of Western multinationals in a range of industries from pharmaceuticals to autos, but U.S. authorities are now doing the same to the Middle-Kingdom activities of at least one New York bank. JPMorgan is being investigated over the hiring the children of well-connected top Chinese officials, purportedly to help it…Asia-Pacific,Bribery,Business ethics,China,Foreign Corrupt Practices Act,GlaxoSmithKline,JPMorgan,Political corruption,United States,Paul Maidment
    Published Date : Aug 19, 2013, 2:19 PM EDT

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