NPC meetings suggests China's monetary and fiscal policy will be more pro-active in 2016
Mar 16, 2016 12:32 pm UTC| Insights & Views Economy
Chinas parliament today approved a new five-year plan, setting out an ambitious target of an average economic growth of 6.5-7 per cent a year by 2020. The size of Chinas economy is expected to exceed 90 trillion yuan (USD...
China sees difficulties in manufacturing sector, serious about cutting overcapacity
Mar 16, 2016 10:13 am UTC| Commentary Economy
Chinas National Peoples Congress today approved the 13th five-year plan that highlights the major economic targets from 2016 to 2020. The key targets are newly added urban jobs and the economic growth. The Chinese...
Domestic demand key to lift Indonesia’s GDP growth
Mar 16, 2016 07:59 am UTC| Commentary Economy
Indonesias February trade surplus came in as a pleasant surprise. The surplus reached USD 1.1bn, highest monthly surplus since July 2015. Export growth for the month reached -7.2% y/y, as compared with the forecast of...
Drop in outflow of direct investment income to weigh on New Zealand’s domestic economic strength
Mar 16, 2016 07:04 am UTC| Commentary Economy
Current account deficit of New Zealand in Q4 2015 continues to be contained remarkably as compared to its long-term history. In the year to December 2015, the nations current account deficit narrowed to 3.1% of GDP, as...
Transport outlook: larger companies will survive global economic downturn and slowdown in mining
Mar 15, 2016 22:50 pm UTC| Insights & Views Business Economy
Its reporting season, and over the past few weeks some of Australias biggest companies have been releasing information on how theyre travelling. These reports reflect key themes of how things are going in key sectors of...
A resurgent AUD could dent Australian manufacturers' growth streak
Mar 15, 2016 16:40 pm UTC| Commentary Economy
In March, the AUD has hit its highest level vs the USD since July 3rd 2015 (0.7648), and on the day bid near 8-month highs of 0.7583. The Aussie is also at its best level against the pound since April 2015. If the surge...
China's overall growth outlook remains gloomy
Mar 15, 2016 15:33 pm UTC| Commentary Economy
Chinas National Bureau of Statistics released two of Chinas key economic indicators retail sales and industrial production over the weekend and data printed disappointingly weak, underscoring the challenges policymakers...