Economy

Japan's economy set for gradual recovery

Japan's economy set for gradual recovery

This is what the Japanese government stated in its annual report.

South Korea's current account surplus inches up to US$3.7bn

Financial account of South Korea registered a US$5.3 billion deficit.

Vietnam posts $100 million trade surplus

The July figure was unexpected as the forecast was -$150 million.

Philippines further slashes policy rate by 25bps

The historical-low cut is the country's third this year but inflation is still foreseen to stand pat at 3%.

Chart of the Day: COE premiums and housing rentals continue to rise

Prices are unlikely to ease off as quickly as hoped, says OSK-DMG.

Singapore crisis actions praised in WTO trade policy review

The World Trade Organization commended the country for deftly coping with the financial turmoil via fiscal stimulus, productivity gains and a...

Import and tariff policies put up for negotiation

Singapore's trade ministry has signaled intent to possibly amend trade policies related to its strict SPS measures and tariff lines.

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.