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Sondos 2

Inflation in Asia Strikes at Core - 0 views

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    Fears are growing that Asia's recent troubles with inflation could go deeper than initially expected as countries bump up against labor shortages (in Singapore's case for example) and other problems commonly seen in times of too-fast growth. Furthermore, inflation concerns in Asia have focused on rising food costs exacerbated by bad weather and, more recently, higher oil prices amid political tensions in the Middle East
Constance D

News Release: Water shortages put Asian power sector at risk - 0 views

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    A study made by the World Resources Institute (WRI) and HSBC 's Climate Change Center of Excellence in Southeast Asia found out that the largest thermal and hydroelectric powerplants were located in areas greatly suffering from water scarcity. This poses a major problem since these power plants heavily rely on water.
Mitchell B

Asia's computer sales increase by 19% - 0 views

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    Asia continues with its high economic growth, increasing its computer sales by 19% this year.
Sondos 2

Japan's crisis will not trigger global recession: Economists - 0 views

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    Japan's nuclear crisis and the devastations caused by last Friday's earthquake and tsunami are unlikely to trigger a global recession as happened in the aftermath of the collapse of the US investment bank Lehman Brothers three years ago, according to leading economists. However, they expressed fears that automobile and electronic industries around the world, especially in Asia, Europe and the US, may face manufacturing delays, if the Japanese production of components remain crippled for a long period. Even though Japan is the world's third largest economy, its share of the global gross domestic product (GDP) is below 5 per cent. Therefore, the consequences for the global economy from the catastrophe will be very minimal
Sondos 2

China's inflation may hit 5% this year: media - 0 views

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    "China's inflation could hit five percent this year due to soaring commodity prices and rising wages" Asia is currently facing cost push inflation.
Wonwoo C

Asian Price Controls - In a Fix - 0 views

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    "Putting caps on prices is only a short-term solution" Asian countries, China, Malaysia, and the like, are reluctant to raise prices on fundamental goods such as food and petrol. This allows the people of the country to have access to cheap petrol and thus more motivation for actions which lead to economic growth using petrol. Although the price caps seem beneficial for the country, that is only true in the short run. In the long run, the price caps will increase consumption in the country, and thus increase the demand for more crude oil from abroad which will lead to a rise in global prices of crude oil. Thus, looking ahead, it is for their own sakes that Asian countries should cut down on their price controls on such goods.
Wonwoo C

Taiwan's standard of living has just surpassed Japan's - 0 views

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    This article talks about how Taiwan's standard of living has passed Japan's. Although Japan's GDP per capita itself is still far larger than that of Taiwan, when taking into consideration of the price of the two markets, the real relative income for Taiwan is larger than that of Japan. The role that price plays here is that it serves as a clarifier of the numbers which may mislead the people into believing that the standard of living for Japanese people is twice as good as the Taiwanese's.
Nabil E

In This City, It's a Long Climb to the Top - 0 views

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    This Article talks about the demand for the installation of elevators in Kabul businnes buildings. Unfortunetly the instability of the city matched with earthquake prone nature of teh region make any installation a difficult investment.
anonymous

China Plans Income Tax Cut - NYTimes.com - 1 views

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    China is planning to raise income tax on the very rich. By changing the minimum income at which the bracket begins from $450 to $315 a month. Even though a nation that has a great disparity between rich and poor the the tax system will have not as large an effect as say in america. This is because only a small amount of chinese file income tax forms at all so the overall lessening of government income willl not take such a direct hit.
Michael M

BoJ Nishimura: Supply-side Constraints To Ease After Autumn - 0 views

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    In Asia, supply-side constraints were going to ease up after last Autumn. The government is aiming to "rebuild the demand", because it is painfully lacking.
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