Econintersect:  Indonesia has joined Viet Nam and the Philippines in official protest of China's claim to most of the area of the South China Sea and many of the islands therein.  Click on map for larger image. The claims of China to most of the… more »

Singapore will be hiring more than 300,000 mid-to-senior level professionals in 2011, according to The Times of India . Only half of these will be hired domestically, with 60,000 coming from India and 90,000 from elsewhere in the world. Because of globalization, 60% of the new hires will be located outside of Singapore. The Times specifically mentions China, Indonesia, Malaysia, Kong, Vietnam and Australia as countries seeing expansion of Singapore firms. more »

The Asian Development Bank projects that seven countries in Asia (China, India, Japan, South Korea, Indonesia, Malaysia and Thailand) will account for account for 45 percent of global GDP, with average per capita income of $ 45,800 (Purchasing Power Parity). This figure is 25 percent higher than the projected global average of $36,400. There are a number of risks that could interfere with realizing this projection. more »

The Mumbai stock market was down for the ninth straight day Thursday. In morning trading Friday, however, it was rebounding. Downward pressure on markets around the world has been reinforced in India by domestic issues, including a 50 basis point interest rate hike by the Reserve Bank of India (RBI) and developments in the telecom scandal trial. At market close Friday the Sensex was ahead by 1.7%. more »

Wednesday morning (April 20, 2011) Asia/Pacific stocks are following the rest of the world which saw rebounds in stock prices everywhere after more than a week of trading irregularly lower. The leading markets are Tokyo and Seoul, each up by 1.7%. more »