Healthy Asian job market may halt governments from policy easing

Note: This section contains information in English only.
Source: Bloomberg
Asian employment markets are remaining strong despite European debt crisis, limiting scope for region's central banks for monetary easing. About 66% of Asian employers said they are planning to increase salaries by 3% in 2012 while 54% of those questioned are considering to provide bonuses to at least 50% of their employees. 
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Fri, 02 Mar 2012 08:30:45 GMT

Aussie strengthens to 9-month record high versus Yen

Australian currency extended its gains against Japanese Yen on speculation improving global economic outlook would encourage RBA to leave its benchmark interest rate unchanged. Aussie appreciated 0.2% versus Yen to JPY 87.89 while Kiwi added 0.1% to JPY 68.16. Australian Dollar slipped 0.2% to USD 1.0787 while its New Zealand peer lost 0.3% to USD 0.8368. Currently USD/JPY is trading at JPY

Fri, 02 Mar 2012 07:52:21 GMT

US manufacturing grew less than predicted in February

Manufacturing in US expanded less than expected last month as number of orders fell. The ISM index of US production declined from 54.1 in the first month of 2012 to 52.4 in February. Economists predicted the index to climb to 54.6. Although there are clear signs the economy is growing, the data are anxious as consumers have endured concerns regarding job

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