The Special Administrative Region of Macau has been one of the fastest growing economies in the world in 2010 and so far this year on the back of phenomenal growth in its booming casino sector. This red-hot performance has unsurprisingly attracted many of the world’s leading gaming companies looking to tap into the secular rise of… [Read more]
It has been a hectic week for China watchers, with a stream of economic data releases, policy initiatives and rumours of anointed government successors leaving investors with little time to pause for thought. Indeed, a four-day meeting to discuss China’s next five-year plan was quickly followed by the country’s first interest rate hike in three… [Read more]
Facing a double-whammy of a credit-fuelled housing bubble and a slowdown in Chinese economic activity, the outlook for Australia’s economy is turning increasingly precarious. While consensus continues to point towards further monetary tightening by the Reserve Bank of Australia, Business Monitor’s Head of Asia analysis, Stuart Allsopp, believes that further interest rate hikes are unlikely…. [Read more]
