Economy
June industrial production results surprise on the upside
June industrial production results surprise on the upside
Data just released today was a sharp improvement at 7.6% yoy compared to market expectation for less than 3%.
South Korea Q2 GDP disappoints
The economy will gain stronger momentum in the second half of 2012, says BOK.
Growth in 2013 likely for China economy: Moody's
Thanks to increased investment that will lead to heightened production and growth rebound in third quarter.
Korea consumer confidence hits five-month low
Bank of Korea had cut interest rates and released US$7bn in stimulus but Koreans remained unhappy.
Japan's exports slip -2.3%
Exports to Europe and China fell sharply causing Japan's first decline in four months.
Growth could dip below 1%: MAS
There is greater uncertainty in the US economy compared to three months ago, said MAS maanging director Ravi Menon.
Growth expected for Thailand in fourth quarter
A recovery in sentiment is probable in this period, says DBS.
Thailand screws policy rate cut
Cuts are not expected this year as Bank of Thailand's monetary policy committee left its rate unchanged at 3%.
Industrial production likely down from a solid 6.6% in May
IP index for June due today is likely to only report a 3.0% YoY expansion, says DBS.
Chart of the Day: What you need to know about inflation in June
The increase primarily reflected higher accommodation cost.
MAS raises headline inflation forecast to 4-4.5%
Singapore's central bank narrowed its forecast range from 3.5-4.5% but assuages fears by saying core inflation is bound to ease.
Central bank stands firm on current monetary policy
MAS managing director Ravi Menon said the prevailing policy stance "remains appropriate" despite grumblings of its failure to arrest inflation.
Thailand growth risks on the rise: OSK-DMG
This led the Thai central bank to cut its growth outlook for 2012 and 2013 to 5.7% and 5.0% respectively.
India restructured loan proposal to boost banking transparency
Reserve Bank of India has recommended increasing provision requirements to 5%.
Singapore to implement Basel III standards two years ahead of schedule
Singapore banks will then meet MAS’ capital adequacy requirements that are 2% higher than the Basel III global capital standards.
Exchange rate policy has its limitations, warns MAS
It can't completely contain inflation as it is not effective against housing rentals and car prices.
MAS worried when core inflation hit 3.1%
Good thing it is expected to ease to 2% by the end of the year.
Read Here
Advertise
Sign Up
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia