Economy
Indonesia’s inflation eases to 4.2% in November
Indonesia’s inflation eases to 4.2% in November
Except for food, however, inflation of other categories either held steady or rose higher.
India’s GDP slows to 6.9% in 3Q11
What’s even worse is that inflation is expected to stay elevated for the rest of the year.
Hong Kong’s retail sales may have dropped to 21.5% in October
It seems like less Hong Kongers are raiding the malls.
Hong Kong’s growth to plummet in 2012
UBS warns the country may hit rock bottom in 1Q12.
Hong Kong seen to have HK$35bn budget surplus
Study advised government to employ fiscal resources to enhance competitiveness while helping the disadvantaged.
The Philippines beaten by global headwinds in 3Q11
Is there still hope for the country?
Japan’s unemployment may have hit 3-year low in October
Standard Chartered expects last month’s unemployment rate to come in at 4.1%.
Warning: Another dip into recession looms
Better chances await Hong Kong IF the US avoids dipping back into recession, China stays on course for a soft landing, and the European debt crisis...
October total exports and imports soar
Yet compared with the three-month period ending October with the preceding three months the value of total goods exports dropped 0.9%.
Thailand’s export growth plunges 16% in October
DBS says GDP growth in 2011 may not be worse than 2.5% if production resumes in full swing in November or December.
Hong Kong and Mainland extends currency-swap pact
The agreement and its expansion seen to allow more flexibility for the development of renminbi business in Hong Kong.
October consumer prices up 5.8%
The Census & Statistics Department said the inflation rate was stable in October after its uninterrupted rise over the past year.
Japan exports drop 4% in October
As the economy is slowing faster than expected in 4Q11, facing the double headwinds of weak global demand and a strong yen.
Hong Kong economic growth forecast down 5%
The growth moderation was caused mainly by a sharp drop in exports towards the end of the quarter.
Thailand’s GDP may plummet 15% in 4Q11
DBS says the country’s recovery from the flood is extremely uncertain.
Tsang wants more exchange with Russia over usual business ties
Hong Kong and Russia can strengthen ties and deepen understanding in many areas other than business.
Fears abound as Philippine export growth plummets 27% in September
This is the lowest growth ever recorded in 29 months.
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