Asia

Food price hike looms in China

But China's agricultural independence may be enough to cushion price shocks.

Food price hike looms in China

But China's agricultural independence may be enough to cushion price shocks.

Thailand to reject monetary easing policies

The measly 6% growth forecast for the Bank of Thailand is not enough to push it towards rate cuts soon.

Chinese Yuan nears equilibrium level

The stabilization of China’s FX reserve suggests less intervention from the central bank, says Yi Gang.

Japan ready to take action if needed

A strong JPY has a significant impact on Japanese exports, says Finance Minister Azumi.

More than 10 Indonesian banks found financially unhealthy

They do not meet the new financial health standards, says BI Governor Nasution.

Thailand's monetary policy to stay 'accommodative'

Inflationary pressures are expected to be moderate this year, says a BOT official.

Vietnam allows fuel price hike

Retailers are allowed to raise the price of gasoline A92 by as much as VND390.

China's June inflation sharply falls from 6.5% in July 2011

The 2.2% inflation helped offer bigger room for central bank actions.

Korea's GDP estimate forecast to show economic slowdown

There are increasing risks that the expected recovery will be later or weaker than currently assumed, says DBS.

Vietnam refuses to ease monetary policy further

The whopping 500 bps cut in benchmark rates is already enough.

Korea's 2Q12 GDP to dip 2.6%

The recent 25bps rate cut is of little help.

Rate cuts in the Philippines seen as premature

DBS believes rate cuts in the Philippines may be premature and the central bank will keep the overnight borrowing rate steady at the upcoming monetary policy meeting.

Taiwan exports slip 2.6%

Although it was better than expected, demand remains devastatingly weak.

India's inflation woes "overstated": BofAML

Bank of America Merrill Lynch considers India's inflation as comparable to others in the region but is concerned ongoing monetary tightening is counter-productive.

Malaysia to increase fiscal spending by 8%

Fiscal deficit would then be above 5% of GDP, said OCBC.

South Korea denies preparing supplementary budget

The Finance Ministry however says the government may delay plans for a balanced budget to 2014.

Philippines GDP forecast to grow by 4.6%

The Philippine government needs to boost spending on infrastructure, education, and health, says the World Bank.