A new template is available in CEIC Gallery under Hot Topics. “China Non Performing Loan". Weak internal consumer demand and slowdown in GDP growth resulted in less investment return and hence higher non-performing loan in China. Data series are extracted from CEIC's China Premium Database Read more: http://spr.ly/6499BQlBN #ceicdata
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CEIC in Business Insider: The 'biggest turnaround story' in emerging markets By Chloe Pfeiffer, July 22, 2016 "Unlike the "typical emerging markets boom-bust cycle," India has been focusing on long-term, gradual GDP growth. It’s a slower method, but it’s more sustainable — and it’s working." Read more: http://spr.ly/6495BLEER #ceicdata
CEIC in Seeking Alpha: Demographics Is Destiny - The Big Picture In China By Simon Daly, June 17, 2016 "By 2013, the urban housing stock value to GDP ratio had increased to 248% with total housing stock more than doubling. The below chart shows data from the CEIC showing residential gross floor area under construction (k sqm)." Read More http://spr.ly/6494BtA2a #ceicdata
The benchmark average interest rate for 10-year gilts reached its lowest point on July 8, falling to just 0.324%, thus losing more 1.1 percentage points this year. However, Bank of England surprised the markets by holding rather than cutting interest rates in its first board meeting since the referendum, and the 10-year gilt yield climbed to 0.397 on July 15. Treasury bill yields followed a similar trend. Read More: http://spr.ly/6497BIc1L
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Conversely, the overall index in the US rebounded from the large drop recorded in May 2015. Currently it stands at 24.4 points, increasing by 16.9% since June.
A new template is available in CEIC Gallery under Markets section. “Yen Surges as Bank of Japan Remains Passive”. The Yen surged to the strongest since September 2014 against the dollar after the Bank of Japan (BoJ) refrained from adding any stimulus that could slow its advance. Read more: http://spr.ly/6495BtlaZ #ceicdata
The CEIC World Trend Plus team is pleased to announce the launch of a new sector: Manufacturing in the ASEAN Economic Monitor.
Read CEIC's latest China Data Talk: What Type of Economic Operations Will Be? China had once introduced "Guo Tui Min Jin" (the state enterprises withdraw and the private sector enters) which not only prompted private enterprises to spring up, but also stimulated creativity. Nowadays, "Guo Jin Min Tui" (the state enterprises enter and the private sector withdraws) has taken place and lessened the enthusiasm of private investors. More: http://spr.ly/6497Bv1zS
The escalation of the military conflict in eastern Ukraine brings more casualties every day. The confrontation has become one of the major conflicts in the region after the break-up of the Soviet Union. The introduction of new, tighter sanctions against Russia aims to restrain Russian influence in the conflict. - See more at: http://www.ceicdata.com/en/blog/effect-sanctions-russian-credit-system#sthash.5GGXDKc5.dpuf
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CEIC in The FT: China deploys state enterprises to economic stimulus effort By Gabriel Wildau, June 21, 2016 "The current approach differs from the stimulus launched in 2008 in response to the global financial crisis, which focused on using credit expansion to fund construction of new factories. Read more: http://spr.ly/6498Bv1eY #ceicdata
CEIC in The FT: #China vulture funds hunt for bargains amid #debt wreckage By Gabriel Wildau "The world of Chinese “vulture funds” remains small but the industry is poised for growth. Non-performing loans in the country hit an 11-year high of Rmb1.39tn at the end of March, not including defaults on shadow-bank credit. Bad debts are expected to grow as the bill comes due from China’s post-financial crisis debt binge." Read more: http://spr.ly/6497BFopH
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The Indonesia Premium Database has been enhanced with the addition of average credit interest rates of commercial banks to non-bank counter-parties sourced from the Indonesia Financial Services Authority (OJK). Read more http://bit.ly/1HyRT4F
CEIC in The WSJ: China Economy Tilts Further in Wrong Direction By Alex Frangos "The world’s second-largest economy got less of a boost from households, services and the private sector in the second quarter." #ceicdata
A new template China FAI template is now available in CEIC Gallery under Emerging Economies section. The template is an analytical tool to provide monthly update and analysis on China FAI. Data series are extracted from CEIC's China Premium Database. Read more: http://spr.ly/6490B2U8O #ceicdata
Yield on developed economies’ sovereign debt has fallen to unprecedented levels in the past few weeks, since the referendum in the United Kingdom. The global downturn in yield momentum will likely be magnified by Brexit uncertainty and will probably be more pronounced, extending at least to the end of the year. Read More: http://spr.ly/6496BIc1I
CEIC in Seeking Alpha: Will The Chinese Government Consider A Bailout Program? by American Funds, July, 2016 "China's Economic Growth Is Slowing Credit Growth and GDP Growth Have Lost Momentum" Read more: http://spr.ly/6494BLyRs #ceicdata