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Chinese Business Sentiment Fell Sharply in October 2008

added: 31-10-2008

Chinese business sentiment fell sharply in October, as a worsening economy at home and abroad outweighed any positive news from declining inflationary effects, the results of the latest Xinhua Finance/MNI China Business Sentiment Survey indicate.

China: The Gross Output Value of Construction of the Country Rose in the First Three Quarters 2008

added: 31-10-2008

In the first three quarters, all the construction enterprises in China (refers to those construction enterprises having overall or professional contracting qualification, excluding those sub-contractors in labor services, same as follows) achieved construction gross output value at 3,755.2 billion yuan, a year-on-year increase of 22.8 percent.

China: Average Wage of On-Duty Staff and Workers in Urban Units Went up in the Third Quarter 2008

added: 30-10-2008

In the third quarter, the average wage of on-duty staff and workers in urban units reached 19,731 yuan, surged 3,056 yuan over same period of previous year, and a year-on-year increase of 18.3 percent.

Boeing Projects China as World's Fastest-Growing Aviation Market

added: 30-10-2008

The Boeing Company detailed its 2008 Current Market Outlook for the China region, forecasting a market for 3,710 new airplanes worth about $390 billion over the next 20 years.

Korea Cuts Rates To Try and Steady Markets

added: 28-10-2008

It would be unfair to call the South Korean central bank a bunch of wimps for their biggest ever rate cut of 0.75%% yesterday, but it looks like that.

Fitch Forecasts Japanese GDP growth of less than 1% in 2008 and 2009

added: 27-10-2008

Fitch Ratings has affirmed Japan's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'AA' and 'AA-' (AA minus), respectively. At the same time, the agency has affirmed the Short-term IDR at 'F1+' and the Country Ceiling at 'AAA'. The Outlook on the ratings remains Stable.

China: Per Capita Cash Income of Rural Households Kept Growth in the Third Quarter 2008

added: 27-10-2008

According to the result of nationwide sampling survey on 68 thousand rural households in 31 provinces (autonomous regions, municipalities) of China, it was indicated that per capita cash income of rural households reached 3,971 yuan in the third quarter, a year-on-year increase of 19.6 percent, and a real growth of 11.0 percent after deducting price factors.

Japan's Export Machine Still Slowing

added: 27-10-2008

Japan's trade performance continues to weaken as the slowing US and European economies are joined by sluggish demand from Asia.

Pacific Nations Must Boost Structural Reform to Withstand Global Crisis

added: 24-10-2008

Developing Pacific nations must intensify their structural reform efforts to achieve sustainable economic growth and protect themselves from the global economic crisis, a new Asian Development Bank (ADB) study says.

China: Produce Price for Major Agricultural Products Kept Running up in the Third Quarter 2008

added: 23-10-2008

According to the result of nationwide survey on 31,000 Agricultural Holdings conducted by National Bureau of Statistics of China, it showed that in the third quarter, the produce price for major agricultural products (refers to the direct price which sold by the agricultural producers) grew up 19.1 percent, year-on-year. Of which, the produce price of planting, forestry, animal husbandry and fishing products rose 12.3, 12.1, 31.3 and 12.8 percent respectively.

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