Economy
Half of Asia’s millionaires to come from China by 2015
Julius Baer says the wealth of China’s millionaires will reach a whopping US$8.76 trillion four years from now.
Half of Asia’s millionaires to come from China by 2015
Julius Baer says the wealth of China’s millionaires will reach a whopping US$8.76 trillion four years from now.
China’s manufacturing PMI grows to 49.9 in August
HSBC says this is the first time it rose in three months.
61% of overseas electors cast their votes
The overseas votes for the recent Presidential Election were counted on 31 August 2011.
Outlook on Vietnamese banks negative over the next 12-18 months
Vietnam’s accommodative monetary policy has resulted in high inflation and prohibitive borrowing costs.
Philippine GDP growth reached 3.4% in Q2 2011
Growth in the second half of the year will depend on private-public partnerships and foreign direct investments.
7th President to be sworn in 1 September 2011
Before welcoming the President-elect, a 96-strong guard of honour will first send off President S R Nathan on Thursday evening at the Istana.
Korea’s industrial production rises 3.8% in July
Morgan Stanley says production activities were affected by the holidays, and possibly by the heavy rainfall in the month.
Japan’s industrial production to drop 2.4% in September
But it may have increased 2.8% in August, says DBS.
India’s GDP eases to 7.7% in Q1-FY12
Consumer demand slowed dramatically with private consumption growth dropping to 6.3%.
Want to remarry? Declare your debts first
This is among the requirements taking effect on 1 September 2011.
SG economy contracts 6.5% in 2Q 2011
The 7.4% growth in the manufacturing sector last month offers little assurance against the possibility of another technical recession.
Voters faced a difficult choice: Prime Minister
Mr Lee Hsien Loong said this explains why the winning margin was so narrow.
Dr Tony Tan wins Presidential Election 2011
He beat closest contender Dr Tan Cheng Bock by not more than 2% of the total number of valid votes cast.
More than 94% of registered electors cast their vote
The total number of votes cast in Singapore was 2,153,014.
Service sector business receipts up 6.6% in 2Q11
Real estate services recorded the highest business receipts at 4.4%.
Singapore’s manufacturing growth eases to 7.4% in July
HSBC says it could’ve been worse, if not for the 47.7% jump in pharmaceutical output.
Fearless forecast: Brace yourselves for the mega 2-year Singapore recession
It's a looming disaster for the Lion City, as Fitch Ratings warns it could have its GDP cut by 4.1% from 2011-2013.
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