The Magazine for Asian Investors
Asia On Tuesday, South Korea releases its consumer confidence for the month of May, Australia releases S&P Global’s manufacturing and services purchasing managers index for the month of May, and Indonesia’s central bank holds its monetary policy meeting and announces…
The Conference Board’s Leading Economic Index (LEI) fell 0.3% in April after rising 0.1% in March. The LEI index is an indicator of the U.S. economy. It is calculated from 10 economic data items, including stock prices, new orders in…
The Japanese Cabinet Office announced today that gross domestic product (GDP) in the first quarter of 2022 fell by 1% year-on-year. This is due to the impact of the Omicron-type COVID-19 virus, which has spread throughout the country. In addition,…
The Office of the National Economic and Social Development Council (NESDB) reported that GDP increased by 2.2% in the first quarter of 2022, increasing from 1.8% in Q4 21. The non-agricultural sector expanded, positively influenced by various government measures to…
—– The Dow Jones Industrial Average closed higher as investors reacted to the signal that inflation in the US may have peaked. This has helped allay fears that the U.S. Federal Reserve (Fed) will raise interest rates more quickly. The…
Asia On Monday, Japan releases the producer price index (PPI) for April, while China releases industrial production for April, retail sales for April, fixed asset investment for April, and the unemployment rate for April. On Tuesday, the Reserve Bank of…
The Hong Kong government announced that Hong Kong’s economy contracted by 4% in the first quarter of 2022 compared to the same period last year. This marks the end of four consecutive quarters of recovery due to Hong Kong taking…
The Bank of Malaysia (BNM) said the Malaysian economy grew better in Q1 2002 thanks to recovering demand and a stronger labor market. Malaysia’s GDP grew 5% in 1Q22, more than the 4% expected by economists, and better than the…
The Office for National Statistics (ONS) has announced that the UK economy continued to grow in Q1 22, despite a slowdown from the final quarter of 2021. The ONS reported that UK gross domestic product (GDP) increased by 0.8% in…
The Philippine Statistics Authority (PSA) said today that gross domestic product (GDP) grew 8.3% year-on-year in 1Q2022 and better than 1Q21, when GDP contracted. Better-than-expected GDP growth could help Ferdinand Marcos Jr, the new president of the Philippines, as he…
