Economy
India manufacturing index dips to 52.8
Blame it on nasty power outages and depressing export demand said HSBC.
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.
Stagflation looms in Singapore
Here are two charts to prove that Singapore will be home to the weakest growth and one of the highest inflation rates in Southeast Asia.
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Here are the day’s stories from around the web that Singaporeans are talking about.
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.
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.
Daily Briefing: Who got 12 weeks for underage prostitute trysts, Singapore's Olympics hopes, Man who sees dead people
Here are the day’s stories from around the web that Singaporeans are talking about.
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.
Business pessimism persists in Singapore
New orders for the manufacturing sector plunged by 28 percentage points.
Morning Brief: NY Times on Singapore immigration, Stikfas founder in underage prostitute scandal
Here is what Singapore is talking about today including the sex for grades probe at NUS.
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.