25 November 2015



Today’s Issue Cluster: Asean



MAJOR DATA POINTS

China – Nov: Minxin PMI Flashes Warning Sign; 42.4 from 43.3 / B *

US – Oct: New home sales rebound strongly; +10.7% / R

US – Oct: Consumer spending tepid; +0.1% from +0.1% / B / WSJ / R

US – Oct: Durable Orders Climb; +1.3% from +0.4% / B / R / WSJ

US – Week: Jobless claims fall; -12k to 260k / R / B / WSJ

US – Nov: Markit services PMI rises; 56.5 from 54.8 / m *


MARKETS

Asean – Bangs the drum for single market AFP

Asean – Investors Sour on Growth Plans WSJ *

Asean – Will there be another currency crisis? N * *

Asean – They wish you were here E *


ECONOMICS

Myanmar – Minority report E *

Thailand – Sees little prospect of economic pickup FT * *

Thailand – Plans to Jump-Start Its Economy WSJ / FT * *

Vietnam – Bad debts bedevil banks FT *

Vietnam – Why You May Soon See More Goods Made There WSJ *

Indonesia – Why Widodo wants into TPP N / WSJ *

Indonesia – The taxing issue of economic independence N * *

Indonesia – China and Japan battle for projects FT *

Brunei – Struggling to wean itself off oil FT * * *

Philippines – Thrives as young workers stay in the country FT * *


POLITICS & FISCAL POLICY

Indonesia – Clamps down on critics of economic policies FT * *

Indonesia – Coalition doesn’t mean consensus N *

Indonesia – Where now, Widodo N * *


MONETARY POLICY



FINANCE



REAL ESTATE

Philippines – Hotels Boom Leaves Glut of Beds WSJ *


LABOR & EDUCATION

HigherEd – Student-Loan Forgiveness Program Proves Costly WSJ *

HigherEd – Foreign Students Pinch Home-State Admissions WSJ *


SERVICES



MANUFACTURING



TECH

Uber – Taxi groups unite with $250m start-up FT

Uber – Taxis Stall, Then Accelerate in San Francisco wsj *

Lyft – Revs Up in New York City WSJ *


TRADE & TRANSPORTATION

Delivery – Fedex, TNT win US approval to merge WSJ / R

Delivery – UPS, FedEx Rivals Take Services Focus WSJ

Delivery – Some Shipping Companies Gain an Edge During Holidays WSJ *


COMMODITIES



ENERGY & ENVIRONMENT

Sea – China and Indonesia Are Top Sources of Plastic Garbage WSJ *

Air – Pollution kills 3.3m worldwide, may double AP *

Air – Pollution in India: Gasping for air FT * *


HEALTH

Hospitals – Job-Seeking Nurses Face Higher Hurdle WSJ *

Hospitals – US Emergency-Room Visits Keep Climbing WSJ *


ENDNOTE

Most disproportionately consumed side dish by US region 538 *


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