Asia

Malaysia in dire need of revenue and expenditure reforms

The country's financial system and corporate sector have made Malaysia's large fiscal deficits and high government debt "affordable".

Malaysia in dire need of revenue and expenditure reforms

The country's financial system and corporate sector have made Malaysia's large fiscal deficits and high government debt "affordable".

Desperate China cuts interest rates

The People's Bank of China cut 25bp in interest rates to re-ignite growth, lift falling inflation and cope with global weakness.

Taiwan's state banks riding on false complacency?

A study conducted by Fitch Ratings reported that the Taiwanese public's strong confidence in their state banks has hindered reforms from being pushed.

China slapped with stiff solar cell tariffs

The United States starts to play hardball with Chinese manufacturers with tariffs ranging from 31% to 249.96%.

China's blistering credit growth loses steam

Credit growth decelerated for the first time since 2008 and should pile on more pressure to the economy.

Philippine exports unlikely to experience rebound

Good news is net exports provided 5.2pp to headline growth but the bad news- the bounce is likely due to a restocking cycle.

Why is Indonesia facing further funding risks?

Its April trade balance dipped into a $641bn deficit and could put the country's funding flows in a bind.

China SMEs fear insufficient access to credit facilities

Growing credit card use among local buyers is also causing frequent payment delays.

No sigh of relief yet for Malaysia's export industry

 A 1.6% improvement from April's export performance is in the offing but analysts say this "growth" is largely the result of low base effect.

What's fueling the Thai inflation spike?

Flood rebuilding spending in the billions is pushing up the prices of Thai goods and services, says OSK-DMG.

Rising Korean household debt could stymie growth

Household debt has climbed to 164% of disposable income and is at a higher level than when the US was entering its subprime crisis.

Will India's 1Q GDP report a disappointing "5"?

The numbers continue to fall: Moody's Analytics predicted a 5.9% growth, a slowdown from last year's 6.1% and 2010's 8.5%.

Bank of Indonesia focus now on stability, not growth

The sudden shift in the central bank's position came in response to the worsening Eurozone debt crisis.

Philippine government steps up infrastructure investment

Additional infrastructure will further boost the Philippine BPO industry which already edged out India as the largest provider of call centre services.

Bank Indonesia eyeing to increase US dollar liquidity

Bank Indonesia is introducing foreign currency-denominated term deposits to stabilize the rupiah which had declined by 3.9% year-to-date.

Thailand inflation worrisome but still manageable

Price pressures are mounting though not enough to force interest rate hikes this year, said RBS.

China opening up state-owned enterprises to private investment

So-called SOEs are being urged to allow private investors to engage in share-stakes, property rights and private equity fund transactions.