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Power cuts of up to 20 hours a day in some cities cost Pakistan 3-4 per cent of GDP a year, economists say, contributing to a sharp fall in investment
Subcontractor jailed for five years on corruption charges, a ruling the US oil and gas group says will undermine the country’s investment climate
Japan overtakes S Korea in car wars  (08 May 11:52 pm) 
Toyota’s success in Korean car awards has added insult to injury as the Japanese carmaker takes advantage of the weak yen to claw back territory from Hyundai
India’s BJP lose out in Karnataka  (08 May 04:49 pm) 
Ruling Congress party delivers blow to BJP defeating it in state elections in Karnataka where Hindu nationalist party has governed for five years
Central bank sells local currency and announce capital rules for major banks as it faces increased risks to financial stability
Private-sector economist points out errors that led Japan’s government to overstate weakness in the economy during the fourth quarter last year
Growth in both exports and imports in April will stir fresh questions about the reliability of Chinese data as neighbours see a fall-off in trade
Asian shares rise on economic hopes  (08 May 09:49 am) 
The MSCI Asia Pacific index advanced 0.9 per cent, heading for its highest close since June 2008, following upbeat data from China and Germany
Faced with a slowdown a year before an election, New Delhi has introduced reforms to revitalise business. But many disillusioned investors are not convinced
A game of big cats and cricket bats  (07 May 11:52 pm) 
What could be sadder or more absurd than the near-absence of communication between the two halves of Punjab, which have been divided since 1947?
Fragrance maker would attempt to raise $700m as early as next month as it taps investor appetite for US listings as then S&P hits record highs
The focus of the job of Ivan Menezes, who will take over as chief of the world’s largest distiller in July, will shift away from aggressive M&A
Imran Khan hurt in a fall at an election rally, four days before a historic vote that will mark Pakistan’s first democratic transfer of power
Lender falls into line with US-led sanctions push to restrict funding for North Korea’s nuclear programme amid rise in tensions on peninsula
Hopes of Vodafone India truce fading  (07 May 02:49 pm) 
Much-anticipated deal to settle $2.5bn tax row looks highly unlikely until after Indian elections in 2014, if at all – a further blow to investor confidence
Walsh steps down as Diageo chief  (07 May 02:49 pm) 
Chief operating officer Ivan Menezes will in July take over world’s largest distiller from man who led series of significant acquisitions
Improving corporate earnings set to boost sentiment further in coming days, according to analysts
Think-tank’s study, which is out of sync with most other economic analyses, is criticised for being ideologically driven and selective with facts
Post-payrolls rally fades for stocks  (06 May 08:50 pm) 
European shares fall on weak PMI after early advances in Asia while election boosts Malaysian asset prices and dollar strength highlights weakness for Aussie, yen and euro
Pressure from lenders spurs family-run companies to sell equity or assets, a surprising development given historic reluctance to dilute stake
Malaysian result masks social change  (06 May 03:49 pm) 
Nature of country’s election result could complicate efforts of Najib Razak, prime minister, to carry forward crucial economic and domestic reforms
Economic growth in Indonesia slipped to the slowest pace in two years in the first quarter but the country still grew more than 6% buoyed by domestic consumption
The two countries simultaneously withdrew troops after an agreement between border commanders, defusing a three-week face off
India’s most celebrated star is debuting in a Hollywood feature this year – ‘The Great Gatsby’ – as the US industry makes a broader push into emerging markets
Groups such as Disney, Viacom and Fox are attempting to win a larger share of the booming Indian film market and boost distribution of English-language movies in the country