Economy

Singapore inflation on track for further easing

Inflation will simmer below the raging levels seen in H1 2012 but will still remain above its historical average, says the government.

Inflation affects all Singaporeans squarely

All income brackets from the lowest 20% to the highest 20% effectively had to bear inflation increases in the 3.9-4.1% range in 1H12.

Singapore slated for 6th WTO trade policy review

The trade delegate heading to Geneva plans to re-assure the body of the country's continued openness despite economic uncertainty.

Inflation hovers above 5% for the 4th month in June

DMG analysts slam hopes that prices could ease off as quickly as possible- learn why.

Food price hike looms in China

But China's agricultural independence may be enough to cushion price shocks.

Thailand to reject monetary easing policies

The measly 6% growth forecast for the Bank of Thailand is not enough to push it towards rate cuts soon.

Japan ready to take action if needed

A strong JPY has a significant impact on Japanese exports, says Finance Minister Azumi.

China's June inflation sharply falls from 6.5% in July 2011

The 2.2% inflation helped offer bigger room for central bank actions.

Korea's GDP estimate forecast to show economic slowdown

There are increasing risks that the expected recovery will be later or weaker than currently assumed, says DBS.

Vietnam refuses to ease monetary policy further

The whopping 500 bps cut in benchmark rates is already enough.

Korea's 2Q12 GDP to dip 2.6%

The recent 25bps rate cut is of little help.

Taiwan exports slip 2.6%

Although it was better than expected, demand remains devastatingly weak.

Industrial production to register a meager 2.6% in June: DBS

But an upside surprise awaits as export sales rose 6.7%.

Crazy inflation to rocket 70% higher than the 30-year historical average

High domestic inflation averaging 4.5% in 2012 is here to stay.

Chart of the Day: NODX up, thanks to Hong Kong

Hong Kong was the top contributor to Singapore’s Non-Oil Domestic Export increase in June 2012.

97% of retiring Singaporeans offered re-employment

Virtually all Singaporeans who hit the retirement age of 62 are guaranteed an option for continued work due to the tight labour market.