Economy

Jack So stays as Trade Development Council Chairman

So has been reappointed and will be Chairman for two more years.

Jack So stays as Trade Development Council Chairman

So has been reappointed and will be Chairman for two more years.

Invest Hong Kong, Guangzhou promote Taiwan enterprises

Invest Hong Kong and the Guangzhou government co-organised a seminar in Taipei to promote their business advantages and how these can benefit Taiwan...

India’s manufacturing PMI drops to 52.6 in August

HSBC says this moderation in growth is set to continue over the next few months.

What you need to know about Hong Kong’s seemingly bearish economy

Growth has been falling since September 2010 and inflation reached 7.9% in July - what’s next?

Korea’s inflation surges to three-year high of 5.3%

Blame the 11.4% rise in food prices for the higher inflation.

Henry Tang condemns protest at public forum

The Acting Chief Executive criticised the protesters for “abusing the rights of the forum participants and disrupting what would have been a fair and...

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.

Government reports $2.2b deficit

Cited as the main reason are some major types of revenue mostly received towards the end of a financial year.

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.

India’s GDP eases to 7.7% in Q1-FY12

Consumer demand slowed dramatically with private consumption growth dropping to 6.3%.

Exports, imports values up

Value of total goods exports increased 9.3% while value of goods imports jumped 10.2% compared to July 2010.

Asia’s GDP growth to slow down to 6.9%

UBS says growth of small Asian economies will likely ease towards 3% next year.

Warning: Inflationary pressures to run high for a while longer

That is unless households start to react to rising prices and rein back in spending, according to an economist.

Inflation feared to reach 8% in August

With inflation accelerating to the fastest pace since 1995, an economist forecasts inflation to average 7.8 percent in the second half of 2011.

China’s flash manufacturing PMI rises to 49.8% in August

HSBC says recent export growth was strong, with shipments expanding by 22% y-o-y in 2Q.

Pace of inflation the fastest since 1995

An economist described the headline CPI figure for July as “pretty scary”.