Economy
Inflation to stay above the 3% mark, says analyst
Inflation to stay above the 3% mark, says analyst
And the island country awaits as headline inflation data for May is due today.
"Will you marry me?" Seems like less said yes in 2010
Not only did the number of marriages fall, divorces rose with “unreasonable behaviour” as one of the top reasons.
Singapore’s GDP falls by 3.7% in 1Q11
Real GDP estimates, on the other hand, have been raised between 5% and 7% from the previous 4% to 6%, according to AmFraser’s report.
25% of managers hope to avoid a devastating price war
And almost 50% of executives thought that they could effectively manage an increase of 3% or more during the next 12 months.
Japan’s import growth shoots to 12.3% in May
Export growth, on the other hand remained negative at -10.3%, says DBS.
Prolonged EU sovereign debt crisis spells trouble
Other downside risks to growth include the geopolitical tensions in MENA and the continued surge in commodity prices resulting in higher inflationary...
Inflation woes: Chinese economy in peril with a record 5.5% CPI inflation in May
And worse, it is likely to reach its peak at 6% yoy in June, says Credit Suisse.
“Ignore risks to price stability at your peril”: HSBC
The bank warns that even though inflation has eased, Asia remains in the grip of a deteriorating growth-inflation trade off.
Thai export sales plummet 17.6% in May
Not much to smile about in the land of smiles then.
Fears of an imminent burst in the Chindian property bubble misplaced
Are China and India about to buckle as well?.
Warnings as inflation smashed through 4.1% in May
And industrial production fell 7 % - is this a new stagflation ?
Thailand and Malaysia need to make urgent reforms
If not, problems lie ahead, say Morgan Stanley.
Inflation has peaked in Singapore as car prices drop
Is this a new normal, or just a bump on the road to higher prices ?
Electronics exports down 15.2% in May
Blame it on fewer shipments of integrated circuits, PC components and disk drives.
Pill-popping market drives non-oil domestic exports
Total exports grew by 9.6% in May, even as electronics exports continued to drop, thanks to the side effects of the pharmaceuticals sector.
China’s GDP growth forecast for 2011 falls to 8.7%
Credit Suisse says food and services inflation will rise.
China’s inflation shoots to 34-month high of 5.5% in May
This is due to the higher than expected food inflation which increased to 11.7%.
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