Thank you for the very useful information ! Have a nice day. --- On Mon, 6/8/09, TH <teddy.ha...@gmail.com> wrote:
From: TH <teddy.ha...@gmail.com> Subject: [ob] Fwd: DBS Economics: Asia recovery dashboard - 8 June 2009 To: Date: Monday, June 8, 2009, 8:10 PM Sharing with you, hope it is usefull best regards, th ---------- Forwarded message ---------- From: Group Research <groupr...@dbs. com> Date: Mon, Jun 8, 2009 at 10:11 AM Subject: DBS Economics: Asia recovery dashboard - 8 June 2009 To: Group Research <groupr...@dbs. com> Dear Readers, DBS Economics: Asia recovery dashboard • Asia’s supply side is surging back in V-shaped fashion • Industrial production rose by another 7% (MoM, sa) in the Asia-8 (5.4% in the Asia-9) between April and March • Industrial production is back to 85% of pre-crisis levels in the Asia-9; it is back to 70% of pre-crisis levels in the Asia-8 • W does not follow V except in the alphabet – we do not look for another downward leg in Asia • Beyond near-term W’s, or threats thereof, growth in Asia over the next 5 years is likely to be faster than the last five years • For more detail about the turn, the W-threat and the next five years, see our Quarterly, “Economics – Markets – Strategy” due Thursday, June 11 Best Regards David Carbon Group Research DBS Bank Ltd Singapore Tel: (65) 6878 9548 Email: groupr...@dbs. com http://www.dbs. com/research Disclaimer: The information herein is published by DBS Bank Ltd (the "Company"). It is based on information obtained from sources believed to be reliable, but the Company does not make any representation or warranty, express or implied, as to its accuracy, completeness, timeliness or correctness for any particular purpose. Opinions expressed are subject to change without notice. Any recommendation contained herein does not have regard to the specific investment objectives, financial situation and the particular needs of any specific addressee. The information herein is published for the information of addressees only and is not to be taken in substitution for the exercise of judgement by addressees, who should obtain separate legal or financial advice. The Company, or any of its related companies or any individuals connected with the group accepts no liability for any direct, special, indirect, consequential, incidental damages or any other loss or damages of any kind arising from any use of the information herein (including any error, omission or misstatement herein, negligent or otherwise) or further communication thereof, even if the Company or any other person has been advised of the possibility thereof. The information herein is not to be construed as an offer or a solicitation of an offer to buy or sell any securities, futures, options or other financial instruments or to provide any investment advice or services. The Company and its associates, their directors, officers and/or employees may have positions or other interests in, and may effect transactions in securities mentioned herein and may also perform or seek to perform broking, investment banking and other banking or financial services for these companies. The information herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. CONFIDENTIAL NOTE: The information contained in this email is intended only for the use of the individual or entity named above and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this message in error, please immediately notify the sender and delete the mail. Thank you.
