Asia

83% of fund managers bullish on Asian bonds

And over half of fund managers are bullish on Greater China equities as expectations of monetary tightening and inflationary hikes draw to an end.

83% of fund managers bullish on Asian bonds

And over half of fund managers are bullish on Greater China equities as expectations of monetary tightening and inflationary hikes draw to an end.

Korean telecoms compete for the best bandwidth

As operators go through over 80 rounds of bidding for the auction of the 1.8GHz broadband wireless spectrum.

India’s core inflation critical at 5.2%

It breached the crucial 5% mark for the first time in 25 months.

China’s services PMI plunges to 6-year low of 50.6 in August

HSBC says this reflects the effect of property and credit tightening measures.

Fickle-minded Japanese: Leadership changes in Japan underscore government weakness

Yoshihiko Noda became Japan’s new Prime Minister this past week, the sixth change of post over in the last five years.

Philippine inflation to peak in Q3 2011

The country's headline inflation likely edged up to 4.7% in August.

India’s manufacturing PMI drops to 52.6 in August

HSBC says this moderation in growth is set to continue over the next few months.

Thailand’s headline inflation of 4.3% well above expectations

And core inflation accelerated to 2.85% (YoY) against a forecast of 2.6%.

Korea’s inflation surges to three-year high of 5.3%

Blame the 11.4% rise in food prices for the higher inflation.

Half of Asia’s millionaires to come from China by 2015

Julius Baer says the wealth of China’s millionaires will reach a whopping US$8.76 trillion four years from now.

China’s manufacturing PMI grows to 49.9 in August

HSBC says this is the first time it rose in three months.

Outlook on Vietnamese banks negative over the next 12-18 months

Vietnam’s accommodative monetary policy has resulted in high inflation and prohibitive borrowing costs.

Philippine GDP growth reached 3.4% in Q2 2011

Growth in the second half of the year will depend on private-public partnerships and foreign direct investments.

Korea’s industrial production rises 3.8% in July

Morgan Stanley says production activities were affected by the holidays, and possibly by the heavy rainfall in the month.

Japan’s industrial production to drop 2.4% in September

But it may have increased 2.8% in August, says DBS.

India’s GDP eases to 7.7% in Q1-FY12

Consumer demand slowed dramatically with private consumption growth dropping to 6.3%.

Overseas investments in Malaysia amount to a whopping US$3.39b in 2Q11

And guess what countries were the top sources of foreign direct investments in Malaysia?