Renminbi Series

Renminbi Series: China, big daddy in M&A this year

Mar 31, 2016 07:13 am UTC| Commentary Economy

Chinese billionaires and conglomerates are gobbling up foreign entities this year like never before, triggered possibly by slowdown of domestic growth and weakness in Yuan. Even State Owned Enterprises (SOE) have joined...

Japan is not the only country worrying about population decline – get used to a two-speed world

Mar 30, 2016 13:50 pm UTC| Insights & Views Economy

The past century has been one of unprecedented global population growth. While the number of people in the world doubled from 0.8 to 1.6 billion between 1750 and 1900, the 20th century saw a near quadrupling to 6.1...

ADP points to resilient U.S. labor market

Mar 30, 2016 12:25 pm UTC| Commentary Economy

Today ADP employment numbers were released from US for the month of March. ADP number shows US economy and its labour markets are quite robust, in spite of global economic slowdown. There are two things to note even...

Australia’s credit growth likely grew steadily in February

Mar 30, 2016 11:58 am UTC| Commentary Economy

Australias two-thirds of private sector credit is housing related. Given that this sector is important for the credits overall evolution. Weekend house auctions have been stronger, implying that housing market activity is...

Euro zone sentiment sours despite being captured before Brussels attack

Mar 30, 2016 09:51 am UTC| Commentary Economy

Euro Zone sentiment report showed confidence tilted despite additional stimulus from European Central Bank. Moreover the data were collected before recent terror attack on Brussels. Economic slowdown and fear among...

Singapore’s manufacturing sector to remain weak, recovery unlikely in near term

Mar 30, 2016 06:51 am UTC| Commentary Economy

Singapores industrial production in February declined 4.7% y/y, in spite of having a very low base in February 2015, when the output had dropped to a 24-month low. The data is worrisome as the February 2016s figure is even...

Trend in New Zealand’s residential dwelling issuance rises steadily

Mar 30, 2016 06:05 am UTC| Commentary Economy

Building permits in New Zealand for February rose 10.8% m/m sa after dropping sharply in January. A portion of the volatility is because of the multi-dwelling component, which rose 28.9% m/m sa, and the number of permits...