Asian and European leaders are arriving in Beijing to discuss ways to deal with the global financial crisis. Europe wants support from China and other Asian giants on the crisis, as well as on climate change and sustainable development. Daniel Schea...
Stock markets across Asia dropped sharply after a decline in retail sales in the United States. As Daniel Schearf reports from Beijing, Asian businesses are particularly vulnerable to a slow down in U.S. consumer spending. Tokyo's Nikkei index was d...
Asian stock markets have risen for a second consecutive day on optimism that government rescue efforts will heal the stricken global financial system. Japanese stocks soared by 14 percent. In Australia, investors were encouraged by Prime Minister Ke...
Indonesia's stock index plummeted more than 10 percent in one of the worst days of trading ever seen in Asia. In Tokyo, the key index closed more than nine-percent lower, the worst trading day since the global stock market crash in 1987. Katie Haman...
The Shanghai Cooperation Organization has failed to give Russia full support for its actions in South Ossetia. VOA Moscow correspondent Peter Fedynsky reports. Presidents of the Shanghai Cooperation Organization member states pose for a photo during...
The Asian Development Bank has developed a new benchmark to measure poverty in Asia. The ADB says in a region that has seen stellar growth rates and rising income inequality, its new Asian poverty line can help policy makers measure and compare pove...
By Naomi Martig Hong Kong 19 June 2008 Rising inflation is putting pressure on governments all over Asia, as angry citizens protest spiraling food and fuel costs and politicians bicker over how to handle new fiscal constraints. Naomi Martig reports...
By Naomi Martig Hong Kong 20 March 2008 Stock markets in Asia remain jittery, with fears of a U.S. recession continuing to cause major market fluctuation. As Naomi Martig reports from Hong Kong, financial analysts say that this may be the beginning o...
By Naomi Martig Hong Kong 19 March 2008 Markets posted steady gains in Asia following an interest rate cut by the U.S. Federal Reserve Bank. Earlier this week most Asian stock exchanges plummeted on fears that the U.S. credit crisis is far from over....
By Mil Arcega Washington D.C. 24 January 2008 U.S. stock markets staged a late rally on Wednesday, with the major indexes all posting gains. Asian markets also rebounded, reversing a two-day free fall as investors welcomed the U.S. Federal Reserve's...