China

This makes China account for 42.4% of Asia Pacific ECM volume – the highest YTD percentage on record.

HSBC says inflationary pressures will start to ease this month.

And worse, it is likely to reach its peak at 6% yoy in June, says Credit Suisse.

This, as Wilmar received some 1.2m tons of subsidized soy beans from the Chinese government, says OCBC.

Are China and India about to buckle as well?.

The average ratio of non-performing loans of the 17 listed banks reduced from 1.58% at the end of 2009 to 1.14% at the end of 2010, says Ernst & Young.

Credit Suisse says food and services inflation will rise.

This is due to the higher than expected food inflation which increased to 11.7%.

Value Success International's recent Hong Kong issuance of RMB2billion in 3-year "dim sum" bonds was a success, says Moody’s.

Over the next 12 months, we expect residential prices to fall by 15% in first-tier cities and by 5% in second-tier cities, says HSBC.

Germany, France and the US took the top 3 spots.

Singapore dollar expected to strengthen as China’s net purchases of US bonds turn negative.

OK it may take 30 years, but it's interesting that during Premier Wen’s December 2010 Indian visit, USD16bn of trade deals were signed, outstripping the USD10bn signed by President Obama during his November visit, reports HSBC.

IATA expects asian carriers will earn US$2.1 bn this year, while the rest of the worlds airlines will only make $1.9 bn.

The 100% stake acquisition was worth approximately S$72 million.

The country’s services PMI rose by 2.7 points in May due to profits from new business inflows.