Economy
Balance of Payments surplus reaches a whopping $23.6b
Balance of Payments surplus reaches a whopping $23.6b
This represents almost 5% of the country's gross domestic product.
Service activities net output increased 3.9% in 3Q11
Net output in the import and export, wholesale and retail trades sector rose 4.8% in real terms.
Hong Kong’s GPD up 8.8% to a whopping $487b in 3Q11
The country’s GNP was larger by $6 billion, rising 9.8% in the third quarter.
India continues its battle with inflation
Even if inflation eased to 9% in November, it's still a chellenge as it has remained above 5% for the past 2 years.
Exports and imports volume up in October
Double-digit increase was recorded for the total export volume to Taiwan.
China's top economic concern now growth not inflation
What are Beijing's five priority policies for economic expansion in 2012?
Hong Kong to boost Renminbi's internationalisation
Hong Kong was an important constituent of China’s financial market, and the Mainland could leverage Hong Kong’s effective financial resource...
November Exchange Fund foreign assets drop $100mn
The Monetary Base reached $1.0602tn while claims on the private sector amounted to $143.5bn.
Renminbi business boosts Hong Kong's status as financial hub
Government believes Hong Kong has very good potential to develop into an offshore renminbi business centre.
Third quarter industrial production index up 0.2%
Producer price index also increased 9.6% in the third quarter.
India most exposed to global funding risks
Towering fiscal deficits and negative real policy rates to blame, says Morgan Stanley.
China’s inflation plunges to 14-month low in November
At 4.2%, the country’s inflation surprised the market, having dropped faster than expected.
Real estate business receipts down 18.2% in the third quarter
Another loser was financing industries, except banking, with 13.6% fall.
Is it all doom and gloom for Malaysia?
DBS says not yet for the time being, however, it will be soon if the country’s export growth continues to plummet.
China’s inflation may have dropped to 4.3% in November
As overall food inflation will likely have slowed to 9%, led by lower prices of pork, fresh vegetables and seafood.
Foreign currency reserves up to over US$282b
That is about nine times the currency in circulation.
Is Hong Kong getting cheaper as a location?
Survey shows Hong Kong has dropped 26 places to 58th position in the global ranking - the largest fall of any city in Asia.
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