Asia
Indonesia exports further slumps 16.4%
To make matters worse, trade deficit widens to a whopping $1.3bn.
Indonesia exports further slumps 16.4%
To make matters worse, trade deficit widens to a whopping $1.3bn.
India manufacturing index dips to 52.8
Blame it on nasty power outages and depressing export demand said HSBC.
Korea inflation hits twelve-year low
A further 25bp rate cut by the Bank of Korea looms ahead in 3Q12.
China's July PMI down to 50.1
Both new orders and new export orders slowed further to 49 and 46.5 respectively due to still sluggish demand and seasonal effect, says OCBC.
Taiwan's Q2 GDP disappoints
The GDP for the second quarter came in lower than expected at -0.2% YoY, says DBS.
Indonesia's export growth forecast to reach -8.0%
The weak growth environment has dampened demand for non-commodity exports, says DBS.
Taiwan contraction raises alarm on rate cuts
GDP for the second quarter of 2012 contracted for the first time since 2009 which could lead its central bank to slash interest rates.
Malaysia to raise shipping quotas for tax free crude palm oil
The move aims to help planters cope with expected output growth.
Lower lending rates seen for Indonesia
A BI official says lending rates should be lower to improve internal bank management and encourage competition.
USD-Asia await further global cues
Trade will be in a slightly more consolidative manner, says OCBC Treasury Research.
Korea business confidence slumps to four-year low
Blame it on exports and domestic shipments falling sharply with new orders.
India households peg inflation at 12.8%
This expectation remains in double digits for the eleventh consecutive quarter.
Policy easing in Japan looms
This after June industrial production fell far lower than the consensus forecast of 1.5%.
India to hold firm on policy rate
This is despite attractive benefits from a 50-bps cut this month, said Moody's.
Korea's 2012 growth estimate cut further to 2.7%
This is significantly lower than the 3.6% projected in the year beginning, says DBS.
Chinese insurers need better risk management policies: Fitch
Laxer restrictions will now allow insurers to invest in more complex assets, which the ratings agency believes should be balanced with stronger risk guards.
Indonesia trade balance to remain under pressure
Indonesia ran its first deficits in 21 months in April and May as exports got hit hard by falling commodity prices, says DBS Group Research.
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