Asia
China cuts benchmark one-year lending and deposit rates
The move aims at shoring up weakening loan demand seen lately, says DBS.
China cuts benchmark one-year lending and deposit rates
The move aims at shoring up weakening loan demand seen lately, says DBS.
India trade deficit narrowed to USD13.5 in May
Commodity prices fell from October last year and t was not until April and May that non-oil imports fell sharply.
Malaysian central bank holds firm on rate cuts
It cited strong domestic demand and robust investment spending as providing enough buffer against the growing global financial turmoil.
Korea GDP recovery to remain busted in 2H12
A mild recovery of an average 3.5% in 2H12 still remains below the 10Y trend growth of 4.1%.
Taiwan exports improvement barely significant
Flipside risks still prevail amid export increase of less than 2% of GDP.
India to revive sick state power utilities
Approval of restructuring package would entail monetized debt, says Maybank Kim Eng.
Sustained price dip to shock Indonesia's macro stability
Commodity prices falling to 17-27% in May is bad news.
Taiwan to issue 4G licenses by 2014
Operators' amortization expenses may shoot up post licensing.
Signs point to growth in Japan
Growth paused in the second quarter, but DBS says leading indicators point to an improvement in the next three months.
India trade balance adjusts with exchange rate correction
Contrary to popular perception, says DBS, India’s trade balance has already adjusted markedly owing to correction in the rupee exchange rate and international commodity prices.
Philippine CPI inches to 2.8% June yoy
Current CPI missed central bank target by a measly 0.2 points.
Korea inflation 'on a clear downtrend'
DBS says headline CPI has dropped to 2.2% YoY in June, the lowest so far this year.
Malaysian exports boom by 6.7% yoy in May
Electronics and mining goods helped boost performance.
China to suffer labor shortage woes
China's rural surplus labor dipped to just 0.4% or 6 million of the total population, a study reveals.
Malaysia opens US$2B healthcare IPO
IHH Healthcare's listing in Malaysia nails the country as top Asian IPO destination for 2012.
China reiterates push for local firms to expand overseas
China is also supporting key private owned companies to issue dim sum bond or foreign currencies bond in the offshore market.
IHH listing seen as significant step towards greater cooperation among Asian bourses
PM Najib says it also indicates the growing international presence of Malaysia’s healthcare industry.
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