In terms of Indian currency denominated debt, the total size of the market as of March 2010 - as per the national Stock Exchange of India (NSE) - was just over $705bn. Of this, government debt - including public sector undertakings and local government bo...

Here in this corner of the Chinese hinterland, the government has widened farm lanes into highways, turned wheat fields into an industrial park, spent a fortune on government offices, and set up a school for thousands of students in what was a dusty town ...

China plans to build 13,000km (8,078 miles) of high-speed rail lines by 2012, more than the rest of the world combined. The Beijing-Shanghai line due to open next year will halve the travel time between the two cities to five hours.Trains will travel at a...

Every second counts, as they say. But in the fast-paced global financial markets, a second feels like an eternity. It’s milliseconds that are important now, a fact not lost on the Tokyo Stock Exchange, which launched a new trading system at the star...

The budget announced on June 5 underscores how hard it will be for the government to appease frustrated Pakistanis hit by food inflation, unemployment and tax hikes seen as helping fuel an Islamist insurgency and discrediting civilian authorities. The gov...

After opening bilateral economic partnership talks here, Geithner said in a prepared statement that the US and India "need to work more closely together". "Our ability to cooperate on economic and financial issues will be critically important to the su...

The Nikkei newspaper said revenues would be ¥7trn ($78bn) short in 2011/12 if the government keeps its campaign promises and tax revenues fall by an estimated ¥5.4trn due to a sluggish economy. Can the ruling party break its promises? The main rul...

Chinese consumer inflation spurted to a 16-month high in February and a raft of economic data displayed broad-based strength, providing fresh arguments for policy tightening sooner rather than later. The pace of credit growth halved in February, as expect...

The bartering illustrates the effects of sanctions on one of the world's most isolated, repressive countries, along with surging inflation and the military junta's curious decision to stop printing small notes, experts say."How shall I give it to you? You...

While some sectors such as machinery and banking are already seeing a decline in business with Iran, others are seeking new trade there, including some keen to tap Iran's hold on the world's second-largest natural gas reserves. "In the interest of secu...