Asia
China’s trade surplus now at US$31.7b
Imports in June slowed more than expected while exports remained steady.
China’s trade surplus now at US$31.7b
Imports in June slowed more than expected while exports remained steady.
South Korea’s unemployment rate steady at 3.2%
The latest figure is the second lowest since early 2008.
Indonesia's Rupiah set to see stability in Q4
BI Governor Darmin Nasution said the Rupiah may be more stable in the fourth quarter on capital inflows.
Below 15% cut proposed for lending rates in Vietnam
The reduction of lending rates will drastically squeeze bank profit margin, says OCBC.
Consumer confidence wanes in Japan
From 40.7 in May, Japan’s consumer confidence index dropped to 40.4 in June.
China imports shrink to 6.3% in June
Exports dropped as well to 11.3%.
Korea 2Q12 net profit to sink 17% lower than expected
Telecom, industrial and basic material sectors are foreseen to perform badly in 2Q12, Nomura said.
India's 23% rupee plunge to suffer further dip
Growth in the quarter was already the weakest for the last nine years, marked by a contraction in manufacturing output.
Indonesia exports woes intensify
Foreign ownership of government bonds also dipped to 28.5% from 35% total outstanding bonds.
Malaysia's industrial production index for May forecast to report 5.3% rise
Output level, however, has been falling for two consecutive months and DBS believes that is more telling than the headline number as far as current economic conditions are concerned.
Slowdown not changing Korea's policy
The Bank of Korea, says DBS, would prefer to monitor the latest development in global economy before making any key adjustments to domestic policy.
Philippine May exports overshoot to 19.7%
The actual export numbers were roughly three times more than the 6.5% growth predicted by the market.
Philippines leads gains among Asian currencies
The Singapore dollar underperformed the region, losing 0.2% against the greenback.
Taiwan biggest loser in Asian equities trading
Asian equities had a mixed session morning of 10 July 2012 with no strong direction coming from overnight developments, says RBS.
India sales momentum slumps to 15.3%
Consequently, the June 2012 quarter sales is expected to show a 6.2% decline.
Korea to suffer weak growth starting 2H12
Will the USD7.4bn worth of stimulus measures boost the economy against looming low rates?
China inflation sharply dips to 2.2%
PPI dropped as well to -2.1% y-o-y from -1.4% in May.
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