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ATI Newswire - the latest updates

Bank Indonesia lifts interest rate again

August 15, 2018

JAKARTA - Renewed rupiah volatility has prompted Bank Indonesia (BI) to hike its 7-day reverse repo rate by 25bps to 5.50% today. In doing so, BI also reiterated that its policy stance will remain both pre-emptive and front-loaded.

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China’s growth slowdown continues on July figures

August 14, 2018

HONG KONG - July economic indicators announced today, together with previously released credit data, suggest that China’s growth slowdown continued in July, says BBVA Bank. “In particular, fixed asset investment, industrial production and retail sales all dropped from previous readings and are below market expectations," the bank says.

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Reduced liquidity uncovers excessive corporate leverage at largest Filipino companies

August 13, 2018

MANILA - Beyond worsening economic fundamentals in the Philippines, the financial health of the Philippines’ firms has worsened, says Natixis in a research note. It has not been a good year for the Philippines, the French banking group says, pointing to a weaker peso, underperforming equities pushed by a vanishing current account surplus and a potentially larger fiscal deficit.

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Third inter-Korean summit to be held in Pyeongyang in September

August 13, 2018

SEOUL - South Korean President Moon Jae-in and North Korean leader Kim Jong-un have agreed to hold a third inter-Korean summit in Pyeongyang in September. This will mark the third meeting of its kind this year, following their face-to-face meetings on April 27 and May 26. 

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Business Diary

Browse the full listings of the latest Business Diary entries here.

Australia China Business Week Series – October 18 – November 22, 2018

October 18, 2018 to November 22, 2018

 

China Digital Conference Sydney – October 18, 2018

China Digital Conference Melbourne – October 25, 2018

Australia China BusinessWeek Melbourne – October 24, 2018

Australia China BusinessWeek Sydney – November 22, 2018

 

Celebrating its 11th year, the Australia-China BusinessWeek 2018 will take place in two major cities; Sydney and Melbourne, featuring a series of forums and panel discussions lead by expert speakers, along with the Business Leaders Luncheon.

To list an event on Business Diary, please email admin@asiatoday.com.au or call us on (61 2) 8068-5570.