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Latest Asia Inflation News

  • Aussie dollar gains on RBA's hawkish tone 20 May 2008 16:42 GMT
    ... and was quoted at $0.9532 in late Asian hours Monday. The minutes from the Reserve Bank ... about overheating risks and the expectation that inflation will remain above 4% for much of ... level of 7.25%. Chris Oliver is MarketWatch's Asia bureau chief, based in Hong Kong. ...

  • Russell Trood: Discount diplomats can't push PM's agen 20 May 2008 15:48 GMT
    ... and energetic foreign policy record, especially in Asia, this is arrant nonsense and as a criticism ... talks; promoting a new strategy in the Pacific; and a great deal more. Whatever the ... will have declined to $810 million. With inflation running at 4.2 per cent, expanding GDP ...

  • Land of plenty no longer: India, Africa hunger for new Green Revolution as food shortages threaten to turn feast into famine 20 May 2008 14:57 GMT
    ... production using new, high-yield seed varieties swept Asia and Latin America, rapidly doubling the amount ... rice variety created by crossing African and Asian species, has helped Uganda cut rice imports from ... national government from office, politicians nervously watching inflation creep upward have stepped in to try ...

  • Amended: IMF Still Sees Serious Risks To Global Financial Stability 20 May 2008 14:56 GMT
    ... Lipsky said while it was re-assuring that Asia has so far escaped serious downdrafts from ... the path of solid growth and low inflation seen since 2003. Lipsky warned that persistently ... conclusion mirrored U. S.' substantial ties with Asian and other economies whose currencies are undervalued according ...

  • Hard landing? 20 May 2008 13:37 GMT
    ... strong threat from the combination of rising inflation and slow to non-existent economic growth-a concept ... it hard to compete, such as in Central Asia and Africa, for example. It is also clear that ...

  • BRIEFING - ASIA BANKING - MAY 20, 2008 20 May 2008 12:36 GMT
    ... banking for May 20, 2008, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive ... ago, the RBA reiterated the economic and inflation outlook contained in its recent monetary policy ... LOAN VOLUME INCREASES BY 54% AS ASIA PACIFIC COS GO SHOPPING NEW DELHI - Corporate ...

  • China warns power plants running out of coal; US urges China to join energy group 20 May 2008 12:18 GMT
    ... froze power prices last year to cool inflation but let market-set costs for fuel continue ... as state companies pursue supplies in Africa, Central Asia and elsewhere. The 27-nation IEA coordinates the release of ...

  • Bank of Japan holds benchmark rate steady at 0.5% 20 May 2008 12:04 GMT
    ... signs of cooling, while he noted that inflation and further fallout from the tumult on ... to a slump in homebuilding. Societe Generale's Asia-Pacific economist Glenn Maguire said the measures of ...

  • Asian stocks retreat as inflation concerns weigh Shanghai down 4 pct - UPDATE 20 May 2008 11:36 GMT
    ... > > > Asian stocks retreat as inflation concerns weigh Shanghai down 4 pct - ... (Adds closing levels throughout) Stock markets across Asia ended lower on Tuesday as concerns about ...

  • Singapore shares close lower on inflation, economic worries - UPDATE 20 May 2008 11:35 GMT
    ... Singapore shares close lower on inflation, economic worries - UPDATE SINGAPORE (Thomson Financial) ... on Tuesday, in line with markets in Asia, where investors locked in profit from recent ... was at $127.34 per barrel in afternoon Asian trade, off a record high of $127.82 struck ...

  • Singapore shares close lower on inflation, economic worries 20 May 2008 11:35 GMT
    ... Singapore shares close lower on inflation, economic worries SINGAPORE (Thomson Financial) - Singapore ... on Tuesday, in line with markets in Asia, where investors locked in profit from recent ... was at $127.34 per barrel in afternoon Asian trade, off a record high of $127.82 struck ...

  • Asian stocks fall on inflation fears; shanghai tumbles 4.5% 20 May 2008 11:26 GMT
    ... Asian stocks fall on inflation fears; shanghai tumbles 4.5% ... 4.5% (RTTNews) - Stock markets across the Asia-Pacific region closed lower on inflation fears, as ...

  • SE Asian Stocks-S'pore falls on blue chips; energy shares up 20 May 2008 10:49 GMT
    ... in oil prices CLc1 that is fuelling inflation fears. Analysts said they expect a short term ... Chemical PTTC.BK, which surged 7.3 percent after Asia Plus Securities singled it out as a top ...

  • Dollar fall restricts Saudi holidaymakers 20 May 2008 10:20 GMT
    ... holidaymakers are turning to the US and Asia intead of European destinations due to the ... holidaymakers to turn to the US and Asian countries instead of European destinations this summer, a ... the world's largest oil exporting nation. Record inflation in nearby destinations such as the UAE, ...

  • Asia mixed; won, peso hit by oil price concern 20 May 2008 10:16 GMT
    ... SINGAPORE -- The South Korean won and Philippine ... will allow them to appreciate to quell inflation. The South Korean won fell 0.8 percent ... like consolidation today with bias (of the dollar/Asian pairings) shifting back up," economists at Forecast said ...

  • Hong Kong shares close sharply lower on Shanghai slump, oil worries UPDATE 20 May 2008 10:00 GMT
    ... Shanghai slump, oil worries UPDATE HONG KONG (XFN-ASIA) - Share prices closed sharply lower as ... she said. Hong Kong flag carrier Cathay Pacific lost 0.42 hkd or 2.6 pct at ... or 0.46 pct at 152.0, Bank of East Asia down 0.8 hkd or 1.7 pct at 46.25, ...

  • Asian stocks retreat as inflation concerns weigh, Shanghai down 4 pct - UPDATE 20 May 2008 09:47 GMT
    ... Asian stocks retreat as inflation concerns weigh, Shanghai down 4 pct - ... MANILA (Thomson Financial) - Stock markets across Asia were lower on Tuesday as concerns about ...

  • IMF Still Sees Serious Risks To Global Financial Stability 20 May 2008 09:47 GMT
    ... Lipsky said while it was re-assuring that Asia has so far escaped serious downdrafts from ... the path of solid growth and low inflation seen since 2003. Lipsky warned that persistently ... conclusion mirrored U. S.' substantial ties with Asian and other economies whose currencies are undervalued according ...

  • HK stocks fall 2 pct on China inflation woes 20 May 2008 09:04 GMT
    ... as China's devastating earthquake fuelled fears over inflation and helped to drag Shanghai shares 4.5 ... and Petrochina (0857.HK: One bright spot was Asia Cement (China) Holdings Corp (0743.HK: ), which jumped ... .BADI hitting an all-time high on Monday. "Pacific Basin's share sale last week could be ...

  • Australian dollar gains after Reserve Bank sets hawkish tone 20 May 2008 08:18 GMT
    ... and was quoted at $0.9532 in late Asian hours Monday. The minutes from the Reserve Bank ... about overheating risks and the expectation that inflation will remain above 4% for much of ... level of 7.25%. Chris Oliver is MarketWatch's Asia bureau chief, based in Hong Kong. ...

  • Hong Kong shares end morning lower; China airlines up on Taiwan hopes UPDATE 20 May 2008 07:55 GMT
    ... HONG KONG, May 20, 2008 (XFN-ASIA via COMTEX) -- Share prices finished the morning sharply ... profit-taking pressure as investors were worried about inflation and its impact on consumer spending. He ... be gradual," she said. Hong Kong Cathay Pacific Airways lost 0.24 hkd or 1.48 pct ...

  • Taipei shares close sharply lower on profit-taking after Ma inauguration UPDATE 20 May 2008 07:38 GMT
    ... on profit-taking after Ma inauguration UPDATE TAIPEI (XFN-ASIA) - Share prices closed sharply lower as investors locked ... Huang said today's falls stemmed partly from inflation worries as the new administration has indicated ... fell 1.45 twd to 23.50, Yuanta Core Pacific Securities lost 1.85 twd or 6.17 pct ...

  • Is SA's bad mood justified? 20 May 2008 07:35 GMT
    ... & food prices which also push up inflation and interest rates and depress general activity; ... you, consider the following statement from the Asian Development Bank about the skills shortage in Asia: "Although this brain drain (skilled workers leaving ...

  • Asia markets upbeat as rising oil prices lift resource shares 20 May 2008 07:17 GMT
    ... Asia markets upbeat as rising oil prices lift ... Stock Exchange in Hong Kong yesterday KONG: Asian shares hit a new four-month high yesterday as ... prices bolstered resource shares, but wariness about inflation and doubts about the US economy kept ...

  • Dollar fall sends Saudi tourists to US, Asia 20 May 2008 07:17 GMT
    ... Dollar fall sends Saudi tourists to US, Asia Published: Tuesday, 20 May, 2008, 04:58 AM ... holidaymakers to turn to the US and Asian countries instead of European destinations this summer, a ... the world’s largest oil exporting nation. Record inflation in nearby destinations such as the United ...


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