Economy
Taiwan's Q2 GDP disappoints
Taiwan's Q2 GDP disappoints
The GDP for the second quarter came in lower than expected at -0.2% YoY, says DBS.
Indonesia's export growth forecast to reach -8.0%
The weak growth environment has dampened demand for non-commodity exports, says DBS.
Taiwan contraction raises alarm on rate cuts
GDP for the second quarter of 2012 contracted for the first time since 2009 which could lead its central bank to slash interest rates.
Korea business confidence slumps to four-year low
Blame it on exports and domestic shipments falling sharply with new orders.
India households peg inflation at 12.8%
This expectation remains in double digits for the eleventh consecutive quarter.
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Policy easing in Japan looms
This after June industrial production fell far lower than the consensus forecast of 1.5%.
India to hold firm on policy rate
This is despite attractive benefits from a 50-bps cut this month, said Moody's.
Korea's 2012 growth estimate cut further to 2.7%
This is significantly lower than the 3.6% projected in the year beginning, says DBS.
Business pessimism persists in Singapore
New orders for the manufacturing sector plunged by 28 percentage points.
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Indonesia trade balance to remain under pressure
Indonesia ran its first deficits in 21 months in April and May as exports got hit hard by falling commodity prices, says DBS Group Research.
Japan industrial output dips 0.1%
This fall is following the 3.4% drop in May resulting to three straight month of losses.
Taiwan GDP growth pegged at 0.4%
Exports remained sluggish in the second quarter, says DBS, amid the synchronized slowdown in Europe, US, and China.
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Excluding the costs of accommodation and private road transport, MAS Core Inflation was stable for the third consecutive month.
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