Last year, the share markets in most Asian countries put in stellar performances. The Thai share market, for instance, rose by 50.8%, while the Malaysian share market climbed 32.5% and there’s little sign that inflationary pressures in the Asian economies will abate any time soon, writes Karen Maley.
Asia economy
Business As Usual: China well and truly in the driver’s seat … BP spill bill jumps to $2b …
Golbal markets are dancing to China’s tune. Plus, the US is still lurching towards a slowdown, a failure for Macquarie,Germany has changed the dealine for its iron ore project with BHP and other business news.
Business As Usual: Steady as she goes on jobs … sting in the US (re)tail figures … moves to free up the yuan …
While US retail figures are on the up and there’s talk of “the consumer is back”, the Fed isn’t quite so sure … The value of the yuan is the big issue in China … Growth news is gloomy in Europe … Greece is still a basket case … Car sales here are on the rise.
Riding the coattails of Asia’s success
Despite initially being the hardest hit by the GFC, Asian economies have proven more resilient than US and Europe. Manufacturers are hopping on board, exporting to developing countries like China and India and reaping the rewards.
Bad news for Oz as Asian growth to halve
The IMF relayed some bad news for Australia overnight, writes Glenn Dyer.
