Economy
Hong Kong September exchange fund falls by $45bn
Of the $2.13tn Exchange Fund's foreign assets, Monetary Base amounted to $1.06tn.
Hong Kong September exchange fund falls by $45bn
Of the $2.13tn Exchange Fund's foreign assets, Monetary Base amounted to $1.06tn.
Malaysia’s inflation may have risen to 3.4% in September
Domestic inflationary pressure will likely keep inflation above 3% for the rest of the year.
China’s export growth plummets to 7-month low of 7.1% in September
HSBC views a soft landing ahead for the country despite weakening export demand from the West.
Malaysia’s industrial production expands at six-month high of 3% in August
The rebound was led by an upswing in the index heavy weight manufacturing, which rose 4.8%.
Tsang: $1bn fund to boost enterprises
The chief executive also aims to consolidate the city’s position as Asia’s creative hub.
CE Tsang proposes regulatory regime boost
Plan includes mandating listed corporations to disclose price-sensitive information.
India’s industrial production may have dropped to 5% in August
However, the main problem for India right now is its unceasing inflation as fuel prices are raised despite falling global oil prices.
Fears abound as Philippine exports plummet 15.1% in August
And it seems like September’s export growth won’t be doing good as well.
Hong Kong's global trade share to overtake UK by 2025
The short-term outlook may be uncertain, but at least something good's about to come 14 years from now.
Hong Kong improves scheme to assist SMEs
Developments seen to boost the programme's flexibility and help banks provide stronger fund support for SMEs.
China's GDP may have surged 9.4% in 3Q11
It's time to scrap those thoughts of a hard landing in China as trade surplus for July and August totaled a whopping US$48.2b.
Next phase of Scheme $6K commences
More than 2.1mn registration forms for the initiative had been received.
Foreign currency reserves down to a mere US$277.7b in September
It was down by US$1.9 billion on August's figure.
September foreign currency reserve assets down US$1.9bn
Total foreign currency reserve assets represent more than eight times the currency in circulation in September.
Don’t panic, Hong Kong; at least not yet
Economist says though contraction is happening faster than in 2008-2009, the support offered by Mainland demand is also higher than previously.
Indonesia’s GDP rises 6.5% in 2Q11
However, inflation pressures are still lurking as August core inflation reached a two-year high of 5.2% y-o-y.
Is Hong Kong heading into a recession?
HSBC says no as local consumption and tourist spending remains buoyant despite the country’s rising inflation.
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