The World Bank on Monday slashed its 2012 growth forecast for developing countries in East Asia and the Pacific to 7.2 per cent, down from 8.3 per cent in 2011, due to the fragile global economy.

It

Asia-Pacific leaders called on Saturday for unity in tackling a raft of economic challenges, as an annual summit began amid deep divisions over worsening territorial disputes and other rows.

Summit h

Indian consumers are the most optimistic about regular income and economy, among others, in the Asia Pacific region and the degree of optimism is 'deep-rooted' as well as 'all-pervasive', says a surve

In the early years of China's rise to economic and military prowess, the guiding principle for its government was Deng Xiaoping's maxim: 'Hide Your Strength, Bide Your Time'.

Now, more than three dec

United States Defence Secretary Leon Panetta met India's defence minister A.K. Antony here on Wednesday and reportedly briefed him about the new U.S. military strategy in the Asia Pacific region.

The US' rebalancing strategy and more focus on the Asia-Pacific region is not targeted against any country, the Pentagon said today, amidst concerns raised by China over the move.

"The (Defence) sec

Goldman Sachs upgraded Indian stocks to 'marketweight' from 'underweight' in its latest Asia-Pacific Quarterly Outlook report dated March 22, saying domestic growth will pick up, while stock valuation

The United States, India and Japan will hold their first trilateral meeting here Dec 19 to discuss 'a range of Asia Pacific regional issues' among three leading 'Pacific democracies'.

"This meeting i

The Indian information technology sector is likely to witness heavy consolidation in the coming months as mid-size companies struggle to sustain growth amid a rising anti-outsourcing tirade in the Uni