Asia
Chinese venture capital investments ‘roar back’ from economic crisis
The investments in China reached $5.4 billion in 2010, a 79% increase over 2009.
Chinese venture capital investments ‘roar back’ from economic crisis
The investments in China reached $5.4 billion in 2010, a 79% increase over 2009.
Asia Pac PC market grew 13% to 30.1m units in Q2 2011
Guess which country propelled this growth?
Why has investing in Taiwan been such a loser trade over the decade?
Over the past decade, Taiwanese stocks rose 45%, compared with an average gain of 120% in regional stock markets.
China's strong GDP pushes metal prices higher
Zinc becomes the star performer, surging 13.3% in June.
Chinese consumers to become biggest luxury spenders by 2012
Luxury tax amounted to RMB1.2trn in 2010.
India’s industrial production slows to lowest growth in 9 months
A weak 5.6% growth rate is just the beginning of a slowdown according to RBS
Asia’s steel sector stable over the next 12-18 months
But don’t be too confident, as Moody's Investors Service says that this outlook has a negative bias.
China’s local government debt amounts to a whopping $1.5-2.1trn
$300-450bn worth of local government investment vehicle loans are already in trouble.
China set to be the largest driver of oil prices in a decade
The correlation between China's industrial growth and the WTI oil price has increased from 0.45 in May 2001-2006 to 0.65 in May 2006-2011.
China’s GDP robust at 9.5% in 2Q11
It was a tad slower than 1Q11’s 9.7%.
Philippine remittance hit by Saudi sackings
DBS says approximately 300,000 overseas Filipino workers will be affected by Saudi Arabia’s plans to limit its intake of foreign workers.
Korea’s central bank to hike up rates to 3.5% in August
HSBC says inflation will drift back down to the central bank’s target range of 2-4%.
Hot off the press: Fitch warns rising newsprint prices threaten Indian newspaper industry
Fitch says rising newsprint prices resulted to industry margins falling by 14.9% in Q4FY11.
Chinese inflation out of control, surges 6.4% in June
This is a substantial acceleration from the reading of 5.5% in May, according to Royal Bank of Scotland.
Taiwan imports slowed to 12.5%yoy in June
It fell by 6.8% from 19.3% in May.
China’s benchmark deposit rates shoots to 6.56%
Benchmark lending rates have also been raised to 3.5%.
China’s services PMI stable at 54.1 in June
For the second quarter as a whole, Mainland service sector activity is expanding at a faster pace than in Q1 when it averaged 51.9.
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