The stock market in Asia – Pacific region is unique in the world to keep green in most of the trading week , except week session key swing by the action from Europe and America .
As of the week , the index MSCI Asia – Pacific increased 0.4 % to 118.29 points , after declining 3.7 % in the previous week. Index is down 8.4 % from the peak years of the date 15/04/2010 . Shanghai ‘s Composite Index of China increased 1.4 % . Nikkei 225 down 0.8 % in Japan . South Korea ‘s Kospi rose 1.7 % .
Although Japanese economic decline in the second quarter , but the opportunities to create momentum for China ahead . According to data released Tuesday by the Japanese 16 / 8 , the total domestic product ( GDP ) of Japan is 1286 billion dollars , lower than the figure of 1335 billion U.S. dollars in China.
Along with the change of his two economies Japan, China , a number of countries and territories in Asia last week has emerged stronger . Central Bank of Malaysia , Zeti Akhtar Aziz said the country’s economy grew 8.9 % in quarter 2 / 2010 over the same period last year and expected to grow 6 % in 2010.
But according to the statistical offices of Taiwan (China ) , GDP quarterly 2 / 2010 of the area has grown 12.53 % over the same period last year . Quarter 1 / 2010 , the rate of economic growth in Taiwan reached 13.71 % . Taiwan ‘s exports could grow more than 30 % this year .
Thai Prime Minister Abhisit Vejjajiva Monday 20 / 8 expressed confidence that the export sector will help boost gross domestic product ( GDP ) this year of at least 7 % . Mr. Abhisit said Thai economic growth of 10% in first 6 months of 2010 primarily due to strong export growth .
Quarter 2 / 2010 , European economic growth 1 % quarter U.S. economic growth 1 / 2010 the first published data is 2.4 % and could be adjusted downward to 1.4 % last week , can assert Asian economic growth will be the first ship of the global economy in 2010 .
Britain’s Telegraph newspaper recently described a series of statistical data was very positive about the growth of the Southeast Asian country . Accordingly, in 2010, Singapore will achieve economic growth record of 15 % , 7 % followed by Malaysia , Indonesia, Philippines 6.6 % and 6 % .
The newspaper said that following the global economic downturn 2008-2009 , some Southeast Asian countries have recovered quickly . This area is becoming attractive investment in the context of Vietnam and Thailand is rising next to the economy is considered development in the region such as Singapore .
According to the newspaper , the national investment funds and individual investors now want to choose Asia and Southeast Asia to increase investment by the ability to achieve high profits . Last year, Fidelity Investment Fund has spent 25% of investment in Southeast Asia , while Aberdeen and First State Fund respectively for 35 % and 25 % investment in the region.
Meanwhile, today 19 / 8 , the Asian Development Bank ( ADB ) has published a report said the middle class (the consumers from U.S. $ 2-30 per day ) of the rapidly expanding Asia will be able to act as leading consumer and help re- balance the economy .
This report is in a special edition of the main indicators for Asia and the Asia – Pacific 2010 . Accordingly, studies show that Asian consumers consumption around 4300 billion dollars , equivalent to one third of the consumption of industrialized countries ( OECD ) .
The largest Japanese bank, Mitsubishi UFJ Financial Group (MUFG), has secured access to the apparently promising Chinese mutual fund market. As rumored on Monday ininvestment circles, Mitsubishi UFJ Financial Group (MUFG) is set to take over the share of French BNP Paribas in its Chinese joint venture, SYWG BNP Paribas. The price for the 33 percent stake amounts to 50 million dollars (38.4 million euros), said in verhandlungsnahen circles.