TOKYO – In a Client Note reviewing the outcome of the Japanese Lower House election, global asset manager Natixis describes Japan’s strong economic growth and record high geopolitical risk in the Korean peninsula as important tailwinds leading the Abe Government to victory. Swing votes distributed to a wide range of oppositions also turning into the ruling LDP’s advantage.
ATI Newswire - Subscriber Only
BEIJING - The Communist Party of China (CPC) has included Xi Jinping's military thinking and the Party's "absolute" leadership over the Armed Forces into its Constitution, according to a resolution approved by the 19th CPC National Congress today.
BEIJING - The 19th National Congress of the Communist Party of China (CPC) establishes the historical position of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, according to a resolution approved by the Congress today. "This Thought must be adhered to and steadily developed on a long-term basis," the resolution said, according to a report by the State newsagency, Xinhua.
BEIJING - The China Banking Regulatory Commission (CBRC) will step up supervision of sprawling financial markets, despite initial success in curbing credit-fuelled speculative activities, Chairman Guo Shuqing said at a press conference during the 19th National Congress of China’s Communist Party.
BEIJING - China’s first 10 electric "Chinese red" buses were put into service yesterday. The buses, 18 metres in length, are shaped like bionic dolphins with lightweight design. They also have a multi-functional area for passengers who are unable to move freely.
HONG KONG - While the good performance of the first two quarters in 2017 (growth of 6.9%) should carry further to Q3 given strong fiscal and monetary tailwinds, there have already been some signs of deceleration IN China’s economy, especially for exports, investment and the slowdown in real estate prices, says global asset manager Natixis in a research report.
WASHINGTON - The US Treasury has not labelled any country a currency manipulator in its latest semi-annual report. China, Japan, South Korea, Germany and Switzerland remain on the Monitoring List, but Taiwan has been dropped.
WASHINGTON – The Australian Government has signed a treaty with the US National Aeronautics and Space Administration (NASA), reaffirming a commitment made more than 50 years ago to collaborate on space exploration. The Space Tracking Treaty covers civil space facilities owned by NASA within Australia, including the Canberra Deep Space Communication Complex (CDSCC) at Tidbinbilla, as well as facilities in Western Australia and the Northern Territory.
MELBOURNE - Australia Post has expanded its relationship with the world’s biggest online retailer, Alibaba, to help strengthen trade between Australian businesses and consumers across South-East Asia. The partnership involves extending Australia Post online storefronts beyond China to Malaysia, Singapore and Indonesia.
HONG KONG - While much can be said in a 3.5 hours speech, says global asset manage Natixis, there are four takeaways for foreign investors from Xi Jinping at China’s National People’s Congress.
BEIJING – Announcements made at the 19th National Congress of the Communist Party in Beijing have significant implications for global trade, investment and security. The following reports touch on some key elements, including Socialism with Chinese Characteristics; China’s anti-graft campaign; Proposed establishment of Communist Party cells within foreign firms; a negative list for market access in China nationwide; and plans to deepen financial reforms.
NEW DELHI - As GDP per capita increases, India’s affluent market will drive demand for best-in line drug delivery devices and reward innovations in the years to come, says GlobalData in a new report which says the Indian market, which was worth US$411 million in 2016, is on course to touch US$510 million by 2023, clocking a CAGR of 3.1% from 2016 to 2023.
MELBOURNE - In the second edition of its Asia Economic Outlook, ANZ Bank says what appears to be a remarkably resilient export cycle is unfolding on a regional level. “The upturn in the export cycle has lasted for much longer than we had initially anticipated, leading to an upgrade in our overall growth forecasts for some countries,” ANZ says.
HONG KONG - CASBAA, a trade body serving Asia’s Pay-TV industry, has formed a Coalition Against Piracy to co-ordinate industry resources in the fight against rampant content theft. Neil Gane, an industry veteran in content protection, has been appointed General Manager. He will direct CAP enforcement actions to disrupt, diminish and dismantle pirate enterprises across the region.
BEIJING - China has put two vigorous graft-busters into top positions at the country’s banking and insurance regulatory commissions — a strong message that upgraded anti-corruption investigations can be expected throughout China’s financial system.
BEIJING - China will reinforce regulations to monitor public-private partnership (PPP) projects as part of its efforts to prevent illegal borrowing by local governments, said a senior official with the nation's top economic regulator.