Asia
Asia’s GDP growth to slow down to 6.9%
UBS says the growth of small Asian economies will likely ease towards 3% next year.
Asia’s GDP growth to slow down to 6.9%
UBS says the growth of small Asian economies will likely ease towards 3% next year.
Japan’s sovereign credit rating downgrade to Aa2 is not surprising: DBS
After all, Japan’s outstanding public debt equivalent to 200% of GDP is already the world’s highest.
China may have 9% GDP growth in 2012
And annual average of CPI inflation could be 4%.
China beats the United States as the largest PC market in the world
PC shipments in China amounted to a whopping US$11.9b, beating those of the United States by US$200m.
Taiwan’s industrial production up by 2.4% in July
Domestic demand growth remains impressive with retail sales rising by 1.3%.
China’s flash manufacturing PMI rises to 49.8% in August
HSBC says recent export growth was strong, with shipments expanding by 22% y-o-y in 2Q.
Thailand's 2.6% GDP in Q2 2011 disappoints expectations
The expenditure breakdown shows private consumption contracted by 1.3% QoQ.
@Onlineads#likes: 73% of South East Asians highly influenced by ads in social media
And 69% SEA consumers have ‘liked’ or followed a brand or company.
What you need to know about the South Asian economy
If US tips into recession, it would directly hit exports from Asia and indirectly dent confidence and spending.
Real estate transaction volumes in Japan plunge 74.6%
Blame it on extremely cautious investors who carefully evaluate investment opportunities.
Direct realty dealings in China up 13.1% in Q2 2011
And Singaporean purchasers have dominated the largest transactions with three of the five largest Chinese deals.
Testing times: Indian economy to further slowdown to only 7.2% in 2012
What could be India’s way out of the slowdown?
Don’t panic: China’s economy still stable
If GDP growth is only 8% but there is no systemic unemployment, China will be fine.
Philippine remittances suffer from currency strength
The Philippine Peso has strengthened by close to 6% against other currencies since early 2010.
Japan’s GDP shrinks 1.3% in 1Q11
The contraction was led by exports of good and services which dropped by 4.9%.
Indian monthly trade deficit widened to US$11.1b in July
Trade deficit is expected to stay in the range of 7-8% of GDP.
Philippine exports plunged 10.2% in June
Electronics exports, which account for more than 50% of total exports, contracted 23.9%.
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