8 July 2016



Today’s Issue Cluster: Mining



MAJOR DATA POINTS

Germany – May: Trade surplus contracts -7.9%; exports -1.8%, imports -0.1% / AFP

US – Jun: Payrolls rebound; +287k from +11k / R / FT / WSJ / B / NYT


MARKETS

Asia – China Slowdown Hits Nearby Economies Hardest B * * *

Asia – Startups Hit by Venture-Capital Slowdown WSJ *

Asia – Japan Shifts Investment From China to Asean B *

Asia – Growing wealth spawns new health challenges N * *


ECONOMICS

Philippines – Fun and games are serious business for outsourcing industry N *

Philippines – For Filipinos Abroad, Home Is Calling WSJ *

Philippines – Companies start to spread their wings FT * *

Vietnam – Japan looks south as China labor costs soar FT

Vietnam – Economy Is an EM Standout B *

Vietnam – New leaders grapple with debt FT *

Thailand – Sagging economy is adding to discontent with the junta N *

Singapore – Leads HK in race to be Asia’s fintech hub R

Singapore – No Longer Shoppers’ Paradise B * *

Indonesia – Faces coal bust R *

Indonesia – Widodo gets second wind for reforms N * *


POLITICS & FISCAL POLICY

Asia – Vested interests are taking the shine off democracy N * *

Philippines – As Duterte Takes Office, Filipinos Divided on ‘Dirty Harry’ WSJ *

Philippines – Duterte Pushes Regional Autonomy to Quell Insurgencies WSJ *

Philippines – Fist of iron E * *

Philippines – Signs point to continued growth under Duterte N *


MONETARY POLICY



FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES



MANUFACTURING

Textiles – Terrorism threatens ‘world’s sewing factory’ N *

Textiles – Fast-Fashion Castoffs Fuel Global Recycling Network WSJ *


TECH

Games – Tencent Begins Distributing Supercell’s ‘Clash Royale’ in China WSJ *

Games – Console makers defy predictions of doom FT *


TRADE & TRANSPORTATION



COMMODITIES

Gold – Miners rise on investor search for haven assets FT

Gold – Global Rise in Investor Angst B *

Silver – Sets the pace as precious metals surge after Brexit FT *

Silver – Highest level in two years FT / WSJ *

Silver – Miner Sees Price Surging Ninefold on Gadgets B * *

Iron – Big China steelmakers eye merger FT *

Diamonds – Industry in the rough E *


ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

Asian Population by State blog *


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