Economy
Thailand’s export volumes grew 1.3% in August
Thailand’s export volumes grew 1.3% in August
The country’s economy defied expectations as export volumes rose 20% YoY, contrary to the 2.5% drop pencilled in by market analysts.
Korea’s inflation may have slowed to 4.3% in September
However, underlying price pressures will likely remain high, making it difficult for inflation to fall below the 4% mark in the remaining months of...
Hong Kong’s Exchange Fund assets plunge $38b in August
The Monetary Authority announced that total assets of the Exchange Fund amounted to a whopping $2.45t at the end of the month.
China’s manufacturing PMI stable at 49.95 in September
This is a bit better than August’s 49.91, as the slowdown in China's manufacturing sector is showing signs of stabilizing.
Japan’s industrial production rises 0.8% in August
DBS says manufacturing sector growth has softened as a result of weaker export demand.
Hong Kong Chief Secretary Henry Tang resigns
Tang is expected to run for Hong Kong’s top government job.
Thailand’s manufacturing production surges 7% in August
As motor vehicle production improved this month, followed by a pick up in the food and petroleum sectors.
Hong Kong’s nominal wage up 8% in June
As 73% of companies reported increases in average wage rates in June compared with a year ago.
Korea’s export growth may have dropped to 21.4% in September
DBS blames the effects from the earlier arrival of the Chuseok holiday for the decline in exports.
Hong Kong Chief Secretary resigns: report
Henry Tang will reportedly meet with the media on 28 September 2011.
Hong Kong’s total exports and imports up
The year-on-year increases for exports and imports were 6.8% and 14.1% respectively.
Business leaders in the region meet in Hong Kong on global economic recovery
Outcomes of the discussions by CEO’s of companies in 7 countries will form a basis for business views being brought to the G20 Summit in November.
Overall consumer prices soar 5.7% in August
Inflation seen to rise further in the coming months due to surges in international food prices and private residential rents.
Second quarter Balance of Payments surplus reaches $19.6bn
Yet visible trade deficit in second quarter soared to $125.6bn.
Taiwan warned on threats of slowing exports to job market outlook
Seasonally adjusted unemployment rate may have remained unchanged at 4.37%, near a three-year-low.
China’s flash manufacturing PMI dips to 49.4 in September
HSBC says the country won’t suffer a hard landing yet as exports growth has expanded over 20% despite the weaker external demand.
Taiwan’s export order growth plummets to 5.3% in August
DBS blames weaker demand from Europe and the US, as manufacturers have cut orders amid rising concerns over the debt crisis.
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