China

Value Success International's recent Hong Kong issuance of RMB2billion in 3-year "dim sum" bonds was a success, says Moody’s.

Over the next 12 months, we expect residential prices to fall by 15% in first-tier cities and by 5% in second-tier cities, says HSBC.

Germany, France and the US took the top 3 spots.

Singapore dollar expected to strengthen as China’s net purchases of US bonds turn negative.

OK it may take 30 years, but it's interesting that during Premier Wen’s December 2010 Indian visit, USD16bn of trade deals were signed, outstripping the USD10bn signed by President Obama during his November visit, reports HSBC.

IATA expects asian carriers will earn US$2.1 bn this year, while the rest of the worlds airlines will only make $1.9 bn.

The 100% stake acquisition was worth approximately S$72 million.

The country’s services PMI rose by 2.7 points in May due to profits from new business inflows.

And this has kept Asian currencies resilient in the face of recent EUR weakness, according to HSBC.

And 60 % use web chat to talk with companies as they hang up the phone on customer service.

But a good 37% of Chinese traders still doubt the acceptability of RMB outside China, reports HSBC.

Shuai Jungin, State Grid Corporation of China executive vice president, warns that China will face its worst-ever power shortage this summer.

It's bad news for North Asia with industrial production slowing massively, notes DBS.

Still growing, but down to a 10 month low.

Macquarie argues that monetary policy has been tightened so its just a matter of time to see how much this freight train slows down.

It is Shangi-La Asia's third hotel in Inner Mongolia following its sister properties in Huhhot and Baotou.