Singapore Stock Blog

China inflation eases, further stimulus 'likely'
BEIJING: China's inflation eased to 3.0 percent in May as other data released on Saturday indicated a slowdown in the world's second largest economy, giving Beijing more room to ease monetary policy to stimulate growth.

Vietnam to slash key rates Monday: central bank
HANOI: Vietnam's central bank said it will slash key interest rates from Monday, the fourth round of cuts this year following signs of a slowdown in inflation and economic growth.

China industrial output grows disappointing 9.6%
BEIJING: China's industrial output grew at a slower-than-expected 9.6 per cent year-on-year in May, a faster clip than the previous month but still near three-year-lows, the government said Saturday.

Europe is "at a crossroads": IMF chief Lagarde
WASHINGTON: International Monetary Fund Managing Director Christine Lagarde on Friday urged European leaders to act without delay to overcome the eurozone crisis.

Carbon tax and Europe to dominate airline talks
BEIJING: The world's airline bosses meet from Sunday in Beijing, with talks likely to be dominated by a bitterly opposed carbon tax, the European debt crisis and the perennial headache of high oil prices.

China's inflation eases to 3.0% in May
BEIJING: China's inflation rate eased to 3.0 percent in May, its lowest level since June 2010, official data showed Saturday, giving the government further room to loosen credit to boost flagging growth.

Spain's weak banks need 40 billion euros: IMF
WASHINGTON: Spain's weak banks need about 40 billion euros (US$50 billion) in new capital to strengthen against severe financial shocks, the International Monetary Fund said late Friday.