BANGKOK (AFP) - Thailand's economy shrank 2.2 per cent in the three months to March from the previous quarter - the first contraction in more than a year - as manufacturing output fell, official data showed on Monday.
JAKARTA (REUTERS) - Indonesia named respected investment chief Muhammad Chatib Basri as finance minister, who takes on the role as South-east Asia's biggest economy grapples with slowing economic growth and how to bring down the cost of massive fuel subsidies.
TOKYO (AFP) - US investment banking giant Goldman Sachs said on Monday that it will start investing in Japanese renewable energy projects, with a reported US$2.9 billion (S$3.64 billion) outlay over the next five years.
BEIJING (AP) - A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs.
HONG KONG (REUTERS) - Danone Group has agreed to invest 325 million euros (S$523.97 million) in two deals with China Mengniu Dairy Co Ltd, marking a comeback for the French group in China where scandals have hurt confidence in food safety.
