Bloomberg Indonesia’s economy expanded less than forecast in the fourth quarter as government spending was curbed by a legal cap on the fiscal deficit. Gross domestic product rose 4.94 percent in the fourth quarter from a year earlier, the statistics bureau said in Jakarta on Monday. Median estimate of economists was for 5 percent growth GDP declined 1.77 percent ...

  Bloomberg The wallets of Japan’s workers ended up a bit fatter, with total earnings rising the most since 2010. Total pay rose 0.5 percent from the previous year to an average 3.78 million yen ($33,673), while the number of hours worked dropped. Regular workers saw an increase in pay, while part-timers, who are an increasingly large sector of the ...

  TOKYO / AP Toyota Motor Corp. said on Monday that its profit fell 23 percent in the October-December quarter from a year earlier as its sales fell and a stronger yen squeezed its overseas earnings. The company, which recently relinquished the crown of world’s biggest automaker to German rival Volkswagen, reported its fiscal third quarter profit was 486.5 billion ...