Asia
Philippines import growth surge 13.3%
Philippines import growth surge 13.3%
But inflation may spike to as much as 3.8% due to nasty weather conditions.
Here's the real score in China's 'policy paralysis'
Are policymakers really ignoring growth risks?
Philippines government spending rocket 21.8%
Total expenditures growing to PHP162.6b is the fastest rate this year.
Indonesia fiscal deficit to inch up to 1.9% of GDP
This is due to slippage on operating expenses and 'ambitious' revenue aims.
China's flash manufacturing index crashed to nine-month low
Blame the 47.9 index point on weak export orders and nasty output index.
Philippines remittance growth hits 15-month low
Blame the measly 4.2% growth on Eurozone and Middle East crises.
Taiwan boosts 2013 budget proposal to TWD 1.94trn
But budget deficit is expected to rise to TWD 214bn.
Taiwan consumer confidence slips 1.3 percentage points
This is despite the stable labor market struggling to offset slowdown in manufacturing.
China refinery runs still in the doldrums
Refining margins are also under pressure this July.
Thailand drops export growth target to 9%
But Finance Minister Kittiratt said that the government's 7% growth target stands pat.
India inflation slips to a measly 9.86%
Looks like fuel inflation created by hike in administered prices delivered positive effects.
Korea external debt surge to USD 6.1b
Blame it on the rise in short term debt amid favorable financing conditions.
Taiwan balance of payments slip to USD 3.1b
Thanks to adjustment of imports offsetting the exports slowdown.
Indonesia boosts spending budget by 15%
Analysts worry that Indonesia will underspend as uncertainties of full disbursion arise.
Taiwan industrial production to slip 1.4%
Blame it on export orders contracting 4.4% with the weak performance in global economy.
Thailand exports slip 1.6%
Good news is that real GDP still inched higher by 4.2% despite the drag in exports.
Malaysia to grapple with mounting fiscal pressure
Its debt/GDP ratio will continue to rise until 2016, predicts Fitch.
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