Economy
Taiwan June export orders forecast to be down 0.2%
Taiwan June export orders forecast to be down 0.2%
Sequential growth is likely to remain sluggish, says DBS.
Chart of the Day: Electronic NODX up 1.6% in June 2012
Exports of PCs increased by 51%, says IE Singapore.
Q3 technical recession unlikely but not unthinkable: OCBC
The bank predicts Singapore's Q3 GDP to grow at 2.4% yoy or well clear of the 1.5% technical recession threshold but an Asia-led drag still looms.
Why MAS will stay dovish on monetary policy
Moderating inflation and creeping downside growth risks should convince the central bank to retain or even ease monetary policy, says OCBC.
Indonesia commodity index slumps 20%
Coal and palm oil prices dropped 30% and 16% respectively since 1Q11.
India food inflation inches to 10.8%
Almost all sub-segments of retail inflation continue to register in the 8-11% range.
Indonesia limits bank ownership
Banks can own only a maximum of 40% in another bank.
Chart of the Day: NODX up 6.8% in June 2012
This was due to an increase in both electronic and non-electronic domestic exports, says IE Singapore.
China labor market barely hurt by GDP dip
According to Nomura, job vacancies to applicants ratio fell to 1.05 in Q2 from 1.08 in Q1, but remained above the breakeven point of 1.0 for the...
Malaysia inflation to remain benign
A resilient domestic demand is perhaps the only factor that is supporting growth as well as driving inflationary pressure within Malaysia, says DBS.
Chart of the Day: Total trade up 2.8%
Total imports increased by 6.2% in June 2012, says IE Singapore.
NODX shifts weight to Hong Kong, EU and Indonesia
These emerged as the top three contributors to NODX expansion in June while China, Thailand and Latin America weakened anew.
NODX nudges up 6.8% in June
Non-electronic NODX in particular went into overdrive as pharmaceuticals, specialised machinery and printed matter all grew by double-digits.
China headed for long-term structural imbalance: Fitch
Renewed reliance on investment to support activity threatens to prolong the Chinese economy's structural imbalances.
3 in 10 Singaporeans worry that Singapore is in recession
And 46% say their finances will be hurt in the next 12 months.
Stingy Singaporeans to cut spending this year
Seven out of ten say they will cut spending, half of them see dim job prospects.
Singapore exports to US, EU, China still lackluster
NODX shipments only rose 0.5-1.6% in 1H12.
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