Asia

Massive blackouts could tarnish India's creditworthiness

Widespread outages will have short-term and long-term credit repercussions, says Moody's.

Massive blackouts could tarnish India's creditworthiness

Widespread outages will have short-term and long-term credit repercussions, says Moody's.

China to remain robust amid US grain price hike

Policies should continue to zero in on boosting growth because the surge will have limited impact, says analyst.

Korea unveils new tax on derivatives trades

This move is in hopes of boosting tax revenues by 100 billion won per year to buoy its aging population.

China inflation to slip below 2%

Thanks to stability in pork prices which was sustained into August.

Malaysia inflation slows for eight consecutive months

The 1.6% inflation gives Bank of Malaysia 'more elbow for monetary easing' whenever necessary.

China trade surplus jumps to US$31.7bn

This widening will provide support for further RMB appreciation in case of globale economic improvement.

Vietnam posts $100m trade surplus in July

This was despite market expectations of a $150 million deficit.

Philippine inflation inches up to 3.2%

Blame it on increasing housing prices and recent weather-related shocks.

Japan's current account hits surplus for fifth month

Thanks to lower oil prices that drove surplus to 433 billion yen.

Malaysia exports plateaued by 5.4%

Imports growth also slowed 3.6% resulting to a larger trade surplus.

Inflation in Thailand up to a four-month high

The 2.73% figure in July was driven by higher fuel prices.

Indonesia's economic growth picks up

This is on the back of a strong 30.2% growth for total foreign direct investments in the second quarter.

Philippine fiscal deficit hits PHP34.5bn

This is below government's target of PHP109.3bn.

Ballooning government spending looms in Malaysia

Policies on government money must be addressed to offset spending, Fitch advised.

Taiwan exports slip 11.6%

Falling demand from US, Europe and China dragged the country's July trade data.

Bank of Korea to slash rates again to 2.75%

Blame it on consistently nasty economic conditions that pressure BOK to add stimulus.

China PMI slips further to 50.1

Good news industrial production is expected to inch up to 10.2%.