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Singapore Sept core inflation rate seen unchanged vs August SINGAPORE: Singapore's annual core consumer inflation probably held steady at 2.1 percent in September, a Reuters poll showed, while all-items inflation was likely to pick up from a six-month low.The all-items consumer price index (CPI) probably rose 1.0 percent in September from a year earlier, according to a Reuters survey of 12 economists. In August, headline CPI had risen 0.9 percent from a year earlier, the lowest increase since February.Some economists said that a recent rise in prices of car permits, which drivers must bid for to own a vehicle, could give the headline inflation rate a slight lift in September.The poll also showed that the Monetary Authority of Singapore's (MAS) core inflation measure was likely 2.1 percent from a year earlier in September, steady from the year-on-year rise recorded in August. The MAS's core inflation measure, which excludes changes in the price of cars and accommodation, is the focus ...


China September cotton imports down 39pc on year to 122,900 tonnes BEIJING: China imported 122,900 tonnes of cotton in September, down 39 percent on the same month of last year, said the China Cotton Association, citing customs.For the first nine months of the year, Chinese imports of the fibre have dropped by 38 percent to 2 million tonnes. The world's top cotton consumer has imported less of the fibre this year as higher global prices and limited import quotas forced mills to import yarn instead.Copyright Reuters, ...

Japan PM accepted METI min Obuchi's resignation TOKYO: Prime Minister Shinzo Abe has accepted the resignation of trade and industry minister Yuko Obuchi, Japan's top government spokesman said on Monday. Chief Cabinet Secretary Yoshihide Suga was speaking at a regular press conference after Obuchi announced she was stepping down following allegations that her support groups had misused political funds. Copyright Reuters, 2014

Vietnam sees faster 2015 GDP growth, 2014 targets in sight HANOI: Vietnam expects faster economic growth next year of 6.2 percent, picking up from a targeted 5.8 percent this year, Prime Minister Nguyen Tan Dung said on Monday. The Southeast Asian nation plans to keep inflation next year at 5 percent, compared with a government projection of "below 5 percent this year", Dung told the National Assembly in its opening session broadcast nationwide. After growing 5.42 percent in 2013, Vietnam's economy has been expanding faster ...

South Korea warns North against 'reckless provocation' SEOUL: South Korea warned North Korea on Monday against further "reckless" provocations following a series of minor border skirmishes that have heightened military tensions ahead of planned high-level talks.Troops from both sides exchanged small arms fire on Sunday after South Korean troops fired warning shots at a North Korean patrol moving towards the military demarcation line that divides the peninsula."We sternly warn North Korea against reckless military provocations ... that would raise military tensions," Defence ...

Amnesty slams 'abuse' of migrant workers in South Korea SEOUL: Migrant farm workers in South Korea have become victims of rampant abuse under a "shameful" work permit system that encourages exploitation, Amnesty International said in a report published Monday.The report came on the heels of a mission to South Korea by the UN's special rapporteur on racism, who also cited "serious problems" faced by the growing number of foreign workers hired as low-paid, unskilled manual labourers.The Amnesty report, titled "Bitter Harvest" and based on ...

South Korea concert victims' families call for leniency SEOUL: The families of 16 people who died after falling through a ventilation shaft at a South Korean open-air concert asked for leniency on Monday for event organisers despite fresh concerns about safety six months after a ferry disaster. Opposition lawmakers chided the government for a lack of substantive improvements in safety despite repeated pledges to tighten standards, with one member of parliament saying: "The Republic of Korea has become the republic of disasters". "The ...


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln