Economy

Korea's GDP estimate forecast to show economic slowdown

There are increasing risks that the expected recovery will be later or weaker than currently assumed, says DBS.

Vietnam refuses to ease monetary policy further

The whopping 500 bps cut in benchmark rates is already enough.

Korea's 2Q12 GDP to dip 2.6%

The recent 25bps rate cut is of little help.

Taiwan exports slip 2.6%

Although it was better than expected, demand remains devastatingly weak.

Industrial production to register a meager 2.6% in June: DBS

But an upside surprise awaits as export sales rose 6.7%.

Crazy inflation to rocket 70% higher than the 30-year historical average

High domestic inflation averaging 4.5% in 2012 is here to stay.

Chart of the Day: NODX up, thanks to Hong Kong

Hong Kong was the top contributor to Singapore’s Non-Oil Domestic Export increase in June 2012.

97% of retiring Singaporeans offered re-employment

Virtually all Singaporeans who hit the retirement age of 62 are guaranteed an option for continued work due to the tight labour market.

India's inflation woes "overstated": BofAML

Bank of America Merrill Lynch considers India's inflation as comparable to others in the region but is concerned ongoing monetary tightening is...

Singapore NODX strength faces regional pressure

A prevailing weakness in regional trade could hamper the country's suprisingly robust non-oil domestic exports, says BofAML.

Trading, investment earnings to fall 14% in 2Q12

Blame it on banks raising wholesale funding instruments.

8% of companies to freeze wages

If you want pay raise, go to Singapore-based firms.

Malaysia to increase fiscal spending by 8%

Fiscal deficit would then be above 5% of GDP, said OCBC.

South Korea denies preparing supplementary budget

The Finance Ministry however says the government may delay plans for a balanced budget to 2014.

Philippines GDP forecast to grow by 4.6%

The Philippine government needs to boost spending on infrastructure, education, and health, says the World Bank.

Outlook for Thailand 'clouded by uncertainty'

The outlook ahead, says DBS, is clouded by uncertainty surrounding the Chinese and US economies plus lingering risk of a blowout in Europe.