Asia
Taiwan exports grew 11.1% in November, trumping forecasts
Exports are up from 3.2% last month.
The pressure is up for the new Korean president
Park Geun Hye’s stance on “economic democracy” likely to be tested.
Japan’s economic growth likely to slip from 2.0% to 1.6% in 2013
Australia’s likely to suffer the same fate.
South Korean exit polls show Park Geun-hye likely to win over Moon Jae-in
But whoever wins, one thing is certain about fiscal policies.
Asian coal industry remains in trouble over the next two years: Fitch
50% thermal coal export growth from US isn’t to be blamed.
Thai government allots THB2.7t for its infrastructure plans
Implementation is set in the next 5-7 years.
Motorbike sales in Indonesia slip 12.8% to 6.6m units
Blame it on lower commodity prices.
China housing prices rise for sixth straight month in November
Real estate market stabilization gaining momentum.
China to nix high import tariffs to spur domestic demand
780 items have been approved for lower tariffs.
India’s Wholesale Price Index draws a surprising decline
Rate cuts loom in 1H2013 amidst lower- than-expected drop to 7.24%.
India's wholesale price inflation on an easing streak
This could encourage rate cuts this week.
Bank of Korea keeps interest rates at 2.75%
No rate cut as domestic demand still anemic.
India inflation surges to 9.9%
Thankfully, fuel and housing prices cooled.
Philippines keeps an eye on real estate loans
As loan growth seemingly cools down to 15%.
Taiwan's policy discount rate to stand pat at 1.875%
It has remained steady for 3 quarters.
Malaysia's industrial production jumped 5.8% yoy in October
It's a sign of resilience, says BBVA.
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