INDONESIANS retreated from the luxury home market in the first quarter to a much greater extent than buyers from mainland Chinese, India and the United States.
LONDON (AP) - The Bank of England's policymakers remain divided on whether to provide more stimulus to the flat-lining economy.
JAKARTA (REUTERS) - Indonesian MPs said they want a new banking law, under discussion since late last year, to limit foreign ownership to a maximum of 50 to 51 per cent and suggested it could make it to the statute books by next year.
BRUSSELS (AFP) - European Union (EU) leaders are tackling tax fraud said to cost a trillion euros a year at a summit on Wednesday in the hope that tightening up the rules will help restore faith in European integration and raise revenue.
YANGON (AFP) - Myanmar's economy expanded 6.5 percent last year and is set for further modest acceleration, the IMF estimated on Wednesday, as sweeping reforms herald hopes of a renaissance for the impoverished nation.