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China, India service sectors counter downturn
timesofindia.indiatimes.com
[Times of India] - "Service sector activity grew at a steady pace in July, with growth in new orders and employment holding up," Leif Eskesen, an economist at HSBC, said of India's services PMI. The Indian survey showed service sector order books grew at the same clip as
Google News: 印度7月PMI下降通胀水平居高不下
[中国经济网] - 汇丰银行东盟及印度首席经济学家Leif Eskesen表示,全球低迷的经济形势拖累了印度的出口订单数量,同时国内能源电力供应不足,再加上新订单数减少,导致印度制造业出现增速放缓的状况。 汇丰的调查还显示,最新的出口
Hoping against hope, bankers see CRR cut tomorrow
www.firstpost.com
[Firstpost] - Similarly, HSBC India chief economist Leif Eskesen is also of the view that there is no reason for the Governor to slash rates now, as nothing on the fiscal or inflation fronts has changed from the mid-quarter review last month. “With below-normal
Google News: Philippines: cutting without fear of inflation
[Financial Times (blog)] - Leif Eskesen, Asean economist for HSBC, said: “We didn't see the the need for a cut. The economy is in a good condition domestically, both in private consumption and government spending. The question was cut now, or keep your powder dry? [The bank
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