Archive for April, 2011
File not found. Eurozone: Inflation Accelerates to 2.8% in April
Eurozone Inflation acclerated to 2.8% in April, above forecast, while business confidence dropped as high inflation and potentially higher interest rate hurt sentiment.
China, Financials. 29 April, 2011, 14:56
China: Banks To Raise RMB450 bn Of Debt
Seven Chinese banks may raise up to RMB450bn from the bond market because they seem to be unable to attract enough deposits to lend.
China Economy: HSBC PMI Hovering At Low Level In April
HSBC’s China PMI for April stays steady at 51.8, suggesting a continued growth in manufacturing sector, albeit at a slower pace.
Hong Kong, Real Estate. 29 April, 2011, 3:53
Hong Kong Property: On Some Useful Leading Indicators
Here are the reasons why you should look at money supply growth more closely than real interest rate, while stock prices may be another small signal.
Fun Stuff About A Few Dead Economists
Watch two dead economists rapping and fighting, and be prepared to receive a phone call from a dead economist.
Economy, United States. 28 April, 2011, 21:35
United States: Q1 GDP Disappoints
The first quarter GDP growth slowed to 1.8% from 3.1% of the fourth quarter of last year.
China 2010 Population Census: Ageing Revisited
The population census data confirms the shrinking of young age group and swelling of the elderly group.
China, Real Estate. 28 April, 2011, 11:42
China Real Estate: Government Moves To Curb Profits Of Developers
The government now wants to limit the profits of developers to curb home prices.
Economy, United States. 28 April, 2011, 3:32
Ben Bernanke’s Press Briefing 27 April 2011 Highlights
Despite being a much hyped event, the event itself is pretty much a non-event.
Economy, United States. 28 April, 2011, 0:40
United States: Federal Reserve Maintains Interest Rate And QE2 Unchanged
The Federal Reserve FOMC announced to hold interest rate at 0 – 0.25%, and QE2 will continue until the end of June.
Moving Stuff Within China Is More Expensive Than To New York
Just as Wen Jiabao pointed out earlier, reducing logistics costs is actually another key to the fight of inflation.
Economy, United Kingdom. 27 April, 2011, 17:03
United Kingdom: GDP Grew By 0.5% In Q1
Good news: it is in-line with consensus. Bad news: it is in-line with consensus.
Hong Kong, Real Estate. 27 April, 2011, 15:06
Hong Kong Property: Ko Shan Road Site Sold At HK$1.525 Billion In A Land Auction
The Ko Shan Road site was sold at HK$1.525 billion, beating consensus. However, property developers stocks did not react positively after the good land auction result.
Richard Koo: Rating Agencies Could Destroy Global Economy Again
Perhaps Richard Koo believes that the world might be better off if we just ignore what these rating agencies say.
Economy. 27 April, 2011, 11:55
S&P Did It Again: It Cuts Japan’s Outlook To Negative
S&P cuts its outlook for Japan’s sovereign debt from stable to negative… well, they did it again.
Hong Kong, Real Estate. 27 April, 2011, 4:15
Hong Kong Property: Does Real Interest Rate Matter?
Negative real interest rate is good for real estate in the long-run, but only in the long-run. It has been a terrible indicator for timing major turning points.
Stress Testing The World Economy With Network Simulation
When China sneeze, the rest of the world catches a cold: a network simulation analysis shows the importance of China in the world trade web.
Real Estate, World. 26 April, 2011, 21:33
United States: S&P/Case-Shiller Indices Show That Home Prices Near Post-Crisis Low
The housing double dip in the United States seems to be accelerating. If this contines, we may see post-crisis new low in the coming few months.
China: Vegetable Prices Slumped Despite High Headline Inflation
Vegetable prices dropped after good harvest, but it is unlikely to bring down the CPI inflation significantly in near-term.
China, Real Estate. 26 April, 2011, 12:39
China Real Estate: Some Markets Are Making Huge Comebacks
Some of the markets are showing resilience amid tightening measures, suggesting that the government has more work to be done.