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What’s best for Asia
Won best in Asia as traders flee Rupee-to-Real rout
German sentiment up
Business confidence at 16-month high, fourth straight increase
China industry rebounds
China’s industrial profit growth rebounded in July, adding to signs that the world’s second- biggest economy is stabilising after a two-quarter slowdown and an interbank lending squeeze in June.
Less China jobs a pain
Chinese officials shifting the economy away from exports and investment can allow growth to sink closer to sis per cent within the next five years without triggering a destabilising jump in unemployment.
Global rebound apparent
Business surveys on Thursday suggested the world economy was on the mend, with US and Chinese manufacturing activity at multi-month highs and better-than-expected growth in the eurozone.
Leading indicators in US rise
The index of US leading indicators rose in July by the most in three months, showing the world’s largest economy will improve in the second half of 2013.
Eurozone jobless rate fall points to muted recovery
The number of people out of a job in the eurozone has fallen for the first time in more than two years, the latest sign the bloc may make a muted recovery from recession later this year.
China finance minister sees 7pc 2013 growth
China’s finance minister has said he expects the nation’s economy to grow seven percent this year, raising questions about whether it can achieve the official 7.5 percent target set four months ago.
US jobs growth surge sparks talk of Fed taper
The United States added 195,000 jobs in June, the Labour Department said on Friday in a better-than-expected report that stoked speculation the Federal Reserve will soon curb its large economic stimulus.
Philippines aims to halve poverty
The Philippines said on Friday it was aiming to lift more than 10 million people out of poverty in less than two years, and make an enduring impact on lessening one of Asia’s worst rich-poor divides.
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