Asia
China's strong GDP pushes metal prices higher
Zinc becomes the star performer, surging 13.3% in June.
China's strong GDP pushes metal prices higher
Zinc becomes the star performer, surging 13.3% in June.
Chinese consumers to become biggest luxury spenders by 2012
Luxury tax amounted to RMB1.2trn in 2010.
India’s industrial production slows to lowest growth in 9 months
A weak 5.6% growth rate is just the beginning of a slowdown according to RBS
Philippine remittance hit by Saudi sackings
DBS says approximately 300,000 overseas Filipino workers will be affected by Saudi Arabia’s plans to limit its intake of foreign workers.
Hot off the press: Fitch warns rising newsprint prices threaten Indian newspaper industry
Fitch says rising newsprint prices resulted to industry margins falling by 14.9% in Q4FY11.
Korea’s central bank to hike up rates to 3.5% in August
HSBC says inflation will drift back down to the central bank’s target range of 2-4%.
China more attractive than India for investors in transport infrastructure
EC Harris research found out that China emerged as the most attractive BRIC economy to invest in and most sought after place for airports investment.
DHL invests HK$1.1bn in Asia Pacific air network expansion
Adds three 100 tonne payload B747-400 BCFs to the air network on three high capacity routes as it demonstrates commitment and growth potential in Asia Pacific.
Japan’s import growth shoots to 12.3% in May
Export growth, on the other hand remained negative at -10.3%, says DBS.
Talent shortage means pay hike for Asia Pacific executives
Boards advised to look at implementing combination plans that can help companies achieve sustained growth while retaining executives.
Thailand and Malaysia need to make urgent reforms
If not, problems lie ahead, say Morgan Stanley
China’s GDP growth forecast for 2011 falls to 8.7%
Credit Suisse says food and services inflation will rise.
Overseas experience crucial for career in finance--survey
88% of finance professionals surveyed believe overseas experience is important to their career.
China’s inflation shoots to 34-month high of 5.5% in May
This is due to the higher than expected food inflation which increased to 11.7%.
China to overtake US as biggest banking economy by 2023—PwC
Experts expect domestic banking assets to exceed US$30 trillion by 2030.
Japanese air travel slumps 31% in April
Blame it on the earthquake, blame it on the tsunami, but it’s a terrible result for Japan.
Only 4% of Fortune 500 companies have Asian directors
Of these 105 board directors with Asian descent, 22 live and work in Asia and hold board seats at 21 Fortune 500 companies.
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