World Bank cuts China, Indonesia growth estimate; warns of asset bubbles
SINGAPORE - The World Bank on Monday scaled back slightly its 2013 growth forecasts for developing East Asia and warned about possible over-heating in the region's larger economies that could stoke inflation and asset bubbles.
Found 1 month ago on channel Reuters
Singapore Central Bank Holds Policy Steady
Singapore's central bank unexpectedly kept its monetary policy unchanged and said it will continue to guide the local dollar on its current appreciation path, as inflation concerns trumped a contraction in the economy in the third quarter.
Hot hog sales raise specter of inflation in China
SINGAPORE - Pigs are an unlikely barometer of inflationary pressure, but in China the country's declining herds are a matter of concern amid fears that a spike in pork sales could drive consumer prices higher next year.
Found more than 1 month ago on channel Reuters