Economy
Korea 2Q12 net profit to sink 17% lower than expected
Telecom, industrial and basic material sectors are foreseen to perform badly in 2Q12, Nomura said.
India's 23% rupee plunge to suffer further dip
Growth in the quarter was already the weakest for the last nine years, marked by a contraction in manufacturing output.
Indonesia exports woes intensify
Foreign ownership of government bonds also dipped to 28.5% from 35% total outstanding bonds.
Malaysia's industrial production index for May forecast to report 5.3% rise
Output level, however, has been falling for two consecutive months and DBS believes that is more telling than the headline number as far as current...
Slowdown not changing Korea's policy
The Bank of Korea, says DBS, would prefer to monitor the latest development in global economy before making any key adjustments to domestic policy.
Dependent privileges lowered for work pass holders
Various pass holders may no longer bring parents, parents-in-law or sponsor the stay of spouses and children if earning below $4,000.
Philippine May exports overshoot to 19.7%
The actual export numbers were roughly three times more than the 6.5% growth predicted by the market.
India sales momentum slumps to 15.3%
Consequently, the June 2012 quarter sales is expected to show a 6.2% decline.
Korea to suffer weak growth starting 2H12
Will the USD7.4bn worth of stimulus measures boost the economy against looming low rates?
Singapore diplomats were 'impartial observers' to Malaysia’s Bersih 3 rally
How bad did it get for Singapore-Malaysia ties when rumors of their active participation sparked?
China inflation sharply dips to 2.2%
PPI dropped as well to -2.1% y-o-y from -1.4% in May.
Japan's account balance deteriorating
The current account registered a surplus of JPY 282bn in May, marking the lowest over the past four months.
Death Penalty no longer automatic for drug-related and murder cases
Offender's fate is now at the hands of the presiding judge.
Sluggish Taiwan exports persist
June exports came in lower than expected at -3.2% YoY.
Singapore cracks down on immigration marriages
Government is planning to criminalize unions made for the purpose of obtaining entry visas and permanent residency qualifications.
Indonesia June consumer confidence index soars to 114.4
Indonesia reached a 5-month high despite 8% slip in May retail sales growth.
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