News

75% of fund managers overweight on Asia Pacific ex Japan equities, up from 44% in 3Q10, according to HSBC Fund Managers' Survey.

Over the year, job vacancies increased up to 50,200 in September 2010, the highest recorded since the comparable series started in March 2006.

Total gains in the first nine months came in at 82,500, in contrast to an almost flat growth of 100 over the same period last year when the economy was in recession.

The acquisition will provide Olam with steady US$106-133 million revenues and 16-19% EBITDA margins from two African countries by 2014.

Sales volume jumped 2.7 times to 1,229 units in the region during the month.

The sales tally for the whole of 2010 is likely to be in excess of 16,500 units.

Yet, excluding car sales, growth came in at 5.3%, suggesting that people are not just window shopping.

The outlook on all banks' 'AA-' Long-Term IDRs is stable though home price decline behind risky & weak external conditions.

While Hong Kong, Indonesia, Malaysia and Thailand is expected to register a healthy GDP growth, ranging from 4%-6%.

Total transaction volume for the homes sold up to November 2010 was $16.98 billion.

Changi Airport handled more than 40 million passenger movements in 2010.

Global emerging markets equity remains the most traditionally expensive asset class category with median fees averaging 1.0%, up from 0.90% in 2008.

2010 signaled that Asia ex Japan has emerged from the global crisis.

The need to rejuvenate the old CBD and inject live-in population in the city area is necessary.

Yet the industry will face tougher conditions next year though the $9.1bln profit projection for 2011 is better than expected.

Investment activity in the Central Business District office market is likely to remain strong.