BTC iShares MSCI Philippines ETF
Philippine Peso Gained as the Global Markets Calmed Down
The Philippine peso gained against the US dollar on January 5, 2016. It recorded losses in the previous session due to outflows from emerging markets.
Alexa, Tech Companies Are Leaving China: Where Will They Go?
Global consumer tech companies are reportedly looking to move out of China amid the still unresolved trade war.
Inflation Rises in Taiwan, Indonesian GDP Beat Expectations
The inflation rate in Taiwan rose by 1.2% in July on an annual basis—above expectations of 1.1% growth and last month’s rise of 0.91% in consumer prices.
Why Did Singapore’s Industrial Production Fall?
Singapore’s industrial production fell on an annual basis by 0.3% in June—compared to a rise of 0.8% in the previous month and expectations of a 0.2% fall.
Asian ETFs Record Losses as Negative Sentiment Prevails
Among Asian economies, the inflation rate in the Philippines was 1.9% for June on an annual basis—meeting expectations and above 1.6% growth in May.
Disappointing Macro Releases across South Asian Economies
Among South Asian economies, industrial production for Singapore released below expectations for May at 0.9% on an annual basis.