29 April 2015



Today’s Issue Cluster: Asean

World – New asset class: Vanity Capital
Australia – Sydney set for ‘golden decade’ of housing growth: Developer
TPP – Once Concerned, China Is Quiet About Trans-Pacific Trade Deal


MAJOR DATA POINTS

US – Q1: Growth slows; +0.2% from +2.2% / FT / NYT / WSJ / AP / R / B *

US – Mar: NAR Pending Home Sales Index Rises for Third Month; 108.6 from 107.4 / WSJ / B


MARKETS

World – New asset class: Vanity Capital ft / DT * *


ECONOMICS

Asean – China Is Set to Lose Manufacturing Crown B *

Asean – Industrial parks forge closer links N *

Asean – Shifts in one country’s farm policy can impact globe N / N / N *

Bangladesh – A dangerous rivalry FT * *

Myanmar – Launches new export strategy N *

Thailand – Rising household debt casts doubt over revival FT *

Thailand – Cloudy outlook weighing on local stocks N *

Vietnam – Profitable return FT * * *

Indonesia – Currency fall exposes risks of capital flight FT * *

Philippines – Expat workers boost economy N *

Philippines – Property Zooms Ahead WSJ *


POLITICS & FISCAL POLICY



MONETARY POLICY

World – Chief central bank weapon has been surprise FT *


FINANCE

Insurance – Fed Rule Making Has Insurers on Edge WSJ

Insurance – Republicans attack new global rules FT

Insurance – Catastrophe deals threaten reinsurance sector ‘collapse’ FT


REAL ESTATE

Australia – Sydney set for ‘golden decade’ of housing growth: Developer SMH

Australia – Worry over debt as house prices rise WSJ *


LABOR & EDUCATION



SERVICES

Ads – TV Fights Back Against the Web WSJ *

Ads – Mobile spend in US jumps 76% FT *


MANUFACTURING



TECH

Cloud – Silver Linings in Big Cloud Spending WSJ / NYT *

Cloud – Sky’s the limit for Amazon Web Services FT * *

Cloud – Big Data Spurs Innovation IBD


TRADE & TRANSPORTATION

TPP – US, Japan Take On Hurdles to Deal WSJ / WSJ / R * *

TPP – Obama Escalates Feud With His Fellow Democrats WSJ / FT

TPP – Once Concerned, China Is Quiet About Trans-Pacific Trade Deal NYT

TTIP – Pacific trade pact sails past a drifting transatlantic deal FT


COMMODITIES

Gold – China: Going for It WSJ

Gold – India: Modi walks tightrope N *

Iron – Heads Toward Its Next Cliff WSJ *

Copper – Producers pushed to improve their environmental record FT * * * *


ENERGY & ENVIRONMENT

Oil Machinery – Offshore Drillers’ Problem: Few Oil Firms Need Their Rigs WSJ

Oil Machinery – Singapore rig builders feel impact of price slide FT

Oil Machinery – For Sale: Used Oilfield Machinery WSJ


HEALTH



ENDNOTE

The tallest building completed each year e *


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