Good MornING Asia - 18 September 2018

The next round of the US-China trade war kicks off as early as next Monday with 10% tariffs on $200bn of US imports from China. The announcement dashes hopes of any trade negotiations between two rivals. Be prepared for a prolonged period of risk-off

In this bundle

ASEAN Morning Bytes

General market tone: Risk-off. President Trump fired off another round of tariffs, slapping a 10% tax on imports worth $200bn but made to stay clear of…

China

Why China could rebuff Trump’s trade talks

Investment data shows that real estate activity has held up well, suggesting that China has support from a key sector even as the trade war escalates.…

Indonesia: August trade gap bodes ill for 3Q current account

The trade balance was in deficit for a second straight month in August, pushing the July-August trade balance into a $3.03 billion deficit from the…

Philippines: Overseas remittances rebound in July

July Overseas Filipino Workers’ cash remittances rebounded from June’s 4.5% drop to a 5.2% year-on-year increase in July. But remittances are…

India

India: Rupee takes no comfort in stabilisation measures

Investors may start pricing in more aggressive tightening in India after recent measures failed to stem the currency weakness. But we're in no rush to…