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Exim Bank to boost Indian project exports to $50 bn

In what could give a major boost to India`s growing economic influence across Asia and Africa, the Exim Bank of India aims to increase Indian project exports to $50 billion within the next five years from the current levels of $27 billion.

Asia's richest man Li Ka-shing buys 60 aircraft in $2.5 billion deals

A property flagship led by Asia's richest tycoon Li Ka-shing said on Wednesday it plans to buy up to 60 passenger jets in a series of transactions that amount to more than $2.5 billion.

Asian shares sag, dollar steadies

Asian shares wilted on Wednesday as oil prices extended losses after weak economic data from China, while the dollar took a breather after this week`s rally.

Asia dips as Japan outperforms, dollar close to highs

Asian stocks dipped on Tuesday with latest signs of slower growth in China and the euro zone dampening the mood, although Japan bucked the trend and rose to new seven-year highs on follow-through momentum generated by the Bank of Japan`s surprise stimulus move last week

Asia stocks surge, yen dives on US data, Bank of Japan move

Asian markets rallied Friday and the dollar pushed towards 111 yen after Japan`s central bank said it would expand its vast monetary easing scheme and the United States released forecast-busting economic growth data.

Asian shares up as upbeat earnings, data, sharpen risk appetite

Asian equities rose on Monday, taking heart from upbeat earnings and U.S. economic data that eased recent global growth fears and sharpened risk appetite.

Asia shares buckle beneath global growth woes

Asian stocks slid on Wednesday as worries about waning global growth lifted safe-haven bonds and the yen, while shoving oil prices to their lowest in more than two years.

Dollar touches six-year high against yen in Asia

The euro weakened to $1.2923 from $1.2938, while it rose to 137.58 yen from 137.39 yen in US trade.

AirAsia profit jumps despite `challenging` climate

Malaysia-based AirAsia on Wednesday announced a sixfold increase in second-quarter net profit as Asia`s budget travel leader increased revenue despite what it called a "challenging" aviation environment.

India's economy to be Asia's biggest turnaround story: Nomura

India is set to be Asia's biggest turnaround story and the country's GDP growth is expected to rise to over 6 percent in FY 2015 and over 7 percent in FY 2016, says a Nomura report.

Asia's diesel demand growth seen at 2nd lowest since 1998 crisis

Asia`s diesel demand is expected to grow this year at the second lowest rate since the 1998 financial crisis as slowing economies and subsidy cuts squeeze consumption and help build a surplus for which there are few markets.

Euro under pressure in Asia, stocks sit on gains

The euro came under mounting pressure on Wednesday as the European Central Bank`s liquidity package encouraged flows out of the zone, while Asian shares consolidated near recent highs following a flat finish on Wall Street.

Japan`s economy grows 1.6% in January-March

Japan`s economy saw its strongest expansion in more than two years during the first quarter of 2013, revised data showed Monday, but a sales tax rise has weighed on growth since the levy hike.

India most loved market in Asia; FIIs pour in $7.8 bn YTD: HSBC

Foreign Institutional Investors continued to focus on Indian equities as the markets have seen net inflow of USD 2.3 billion in May, taking the total to USD 7.8 billion so far this year, says an HSBC report.

Asia`s largest wine expo opens in Hong Kong

Asia`s biggest wine and spirits fair opened in Hong Kong on Tuesday, drawing the world`s top producers from France to Chile despite China reporting the first decline in wine consumption for a decade.

Nikkei hits seven-week high, strong global data continues to support

Japan`s Nikkei share average climbed to a fresh seven-week high on Tuesday, extending gains into a fourth day as recent upbeat Chinese and U.S. data continued to lift investors` risk appetite.

Asian shares up on Yellen comments

Asian shares got a lift on Thursday from dovish comments by the U.S. Federal Reserve chief and upbeat Chinese trade data that suggested some signs of stabilisation in the world's second-largest economy.

Asian shares mostly lower after Wall St losses

Asian markets mostly fell on Thursday, taking a lead from Wall Street, while Japanese traders are sitting back ahead of the corporate earnings season.

Asian shares mixed, China manufacturing improves

Asian markets were mixed on Wednesday following another Wall Street rally while a provisional report showed a slight improvement in Chinese manufacturing activity this month.

Asian shares mixed after Wall St bounce

Asian markets were mixed on Tuesday, with Wall Street providing a strong lead after rebounding from a two-day sell-off thanks to better-than-expected retail sales data.