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Asia Pacific

  • Japan’s enormous fiscal deficit could prompt a sudden sell-off of government debt, prominent former officials have warned
  • German household appliance company BSH Bosch und Siemens Hausgeräte raised Rmb2bn ($312.8m) in the offshore renminbi market this week, overcoming the tricky conditions in international funding markets by offering investors a defensive credit — and getting enough demand to add a seven year tranche during execution.
  • With the global economy on the brink, all eyes are on China’s policymakers. But this time, they may be less willing to ride to the rescue
  • Slower demand for commodities from fast-growing emerging markets shouldn’t prove disastrous for resource producing nations, leading economists suggest
  • After its precipitous decline, some say the only way is up for Japan’s economy. Even still, the outlook remains bleak
  • A Japanese public debt crisis could be closer than many market players imagine, informed observers suggest.
  • Hong Kong, August 2011
  • South-east Asian economies are now better equipped to withstand volatile capital flows, according to regional policymakers
  • In a stark admission, a senior Pakistani army general told Emerging Markets that current US-Pakistani divisions can’t be resolved
  • India is planning a vast array of stake sales in government-owned companies, but its decision to postpone a sale of stock in Oil and Natural Gas Corporation last week could hurt its chances of drumming up demand for future offers, said bankers.
  • US food company Yum! Brands closed its debut offshore renminbi bond on Monday, raising Rmb350m ($54.7m) from a deal that defied weak secondary trading in global bond markets.