(Reuters) - The contraction in Japan's economy from April-June is
expected to be worse than initially reported last month when revised
data is published on Monday, reflecting a slump in capital expenditure
and underscoring concerns that the blow from April's sales tax rise may
have been harder than first believed.
SEE MORE Vietnam's slow economic recovery has
prompted the central bank to continue cutting interest rates to spur
consumption as inflation falls, according to an HSBC report issued on
Thursday. SEE MORE Yara International ASA (YAR), the largest publicly traded
nitrogen-fertilizer seller, said it plans to build a $2.5 billion plant
in west or east Africa once gas projects come on-stream toward the end
of the decade. SEE MORE Gold and silver futures tumbled to the lowest since June as U.S.
manufacturing in August expanded at the fastest pace in three years,
bolstering prospects for the economy and damping demand for the metal. SEE MORE Top Thai energy firm PTT Pcl said it would make a proposal to the
Vietnamese government to build a $20 billion refinery and petrochemical
complex, revised down from an earlier project discussed two years ago SEE MORE