Asia

China must boost consumption: MorganStanley

Inflation, banking crises and slowing profit growth are economic symptoms which can still be remedied.

China must boost consumption: MorganStanley

Inflation, banking crises and slowing profit growth are economic symptoms which can still be remedied.

New spectrum pricing to raise Indian telco tariffs

Punitive prices will force telcos to merge or exit altogether, says Fitch.

Private sector credit in APAC to reach 148% of GDP by end-2012

The rapidly rising leverage will constrain the banks' upward rating momentum, says Fitch.

Indonesia GDP hits better-than-expected 6.4%

Thanks to robust consumption and investment that countered weak net exports.

Taiwan inflation hits new high in July

Headline inflation jumped to 2.5% y/y from 1.8% in June.

Inflation rising to 2.46% takes Taiwan by surprise

Blame it on the nasty weather condition resulting to higher food prices.

Malaysia to suffer MYR 5.2b trade surplus

Import sales are expected to hit a 9.5% rise as exports growth moderates to 3.6%.

Philippine inflation to inch up to 3.1%

Thanks to lower oil prices and well-behaved food prices that brought down healding inflation.

India GDP growth expected to dip to 6.1%

Good news domestic demand is expected to stay robust with a record-low 5.75% policy rate.

Further 25bps rate cut looms in Korea

Inflation rapidly easing to 1.5% provides room for Bank of Korea to cut rates to 3%.

Malaysia’s credit profile in trouble

Deterioration in public debt ratios, low and energy-dependent revenues, and structural weaknesses weigh on Malaysia’s credit profile, warns Fitch.

Australian retail posts strongest rebound in a year

Retail sales rose 1% in June from the previous month, the biggest increase seen since April 2011.

Korea inflation rockets for four straight months

Price hikes edged inflation higher to 2.73% yoy in July compared from June's 2.56%.

Korea exports slip hits three-year low

Blame the 8.8% decline on massive slump in bulk value of ship exports.

Asian PMIs down

The only good news came from Indonesia, whose PMI improved from the previous month and stayed in expansion territory.

Possibility of rate cut in Korea rises

Growth is slowing more than expected while the predicted recovery is being delayed, says DBS.

China's Tianjin office space supply to remain tight

No new prime office building were built in Tianjin in 2Q12 with developers adopting a wait-and-see stance.