China's manufacturing falls in August

Note: This section contains information in English only.
Source: BBC News
China's manufacturing tumbled to a 9-month low in August, adding to concern that the economy is weakening faster than expected. The PMI dropped to 49.2, the lowest level since November 2011. Economists argued that China has been hurt by a slowdown both in global and domestic demand. 
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Mon, 03 Sep 2012 08:53:25 GMT

South Korea's consumer prices increase 1.2%

South Korea's consumer prices rose 1.2% from the previous year following a 1.5% increase in July, Statistics Korea reported today. Analysts expected a 1.4% gain. The central bank kept the interest rates unchanged last month following an unexpected cut in July. Weak inflation provides more room for another benchmark rate reduction.   

Mon, 03 Sep 2012 08:31:23 GMT

Australian retail sales fall and profits decline

Retail sales in Australia unexpectedly fell in July at the fastest pace since 2010 and profits of companies declined for a third consecutive quarter, pushing the Australian Dollar to a 5-week low. Sales dropped 0.8% to A$21.4 billion, or $22 billion, from June, when they increased a revised 1.2%, the Bureau of Statistics reported today. Gross operating profits declined 0.7%

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