介绍:
China Non-Manufacturing PMI rebounds
Meanwhile the purchasing managers' index (PMI) for China's non-manufacturing sector rebounded in February.
This comes after three consecutive months of declines.
The index rose 1.6 percentage points from January to 55 percent last month.
The index tracks activity in non-manufacturing sectors, including construction, software, aviation, railway transport and real estate. A PMI reading above 50 percent indicates expansion, while a reading below 50 percent reflects contraction.
Authorities accredit the rebound to robust business activities after the Spring Festival, especially the services sector..
The index for service sectors surged 2.3 percentage points to 53.8 percent.
HSBC data also showed on Monday that the HSBC China Manufacturing PMI fell to a seven-month low of 48.5 percent last month.
Commenting on the figure, HSBC's chief China economist Qu Hongbin said signs are becoming clear that "the risks to GDP growth are tilting to the downside."
This calls for policy fine-tuning measures to stabilize market expectations and steady the pace of growth in the coming quarters, he said.
Chinese Developer to Invest in Malaysia
State-owned conglomerate Greenland is planning to invest 20 billion yuan in two property projects in Malaysia.
Shanghai-based Greenland will build residential apartments and hotels in the two projects in Malaysia's southwest.
The projects have a combined floor area of 2.3 million square meters.
The developer says it plans to start construction within six months.
Greenland says it is investing in Malaysia because its economic growth is stable and the country has a big community of Chinese people.
Guangzhou-based developers Country Garden and Guangzhou R&F have also expanded in Malaysia in recent years
China's Geely buys U.K. electric-car startup
Chinese auto maker Geely has acquired British electric-vehicle startup Emerald Automotive for an undisclosed price tag.
A spokesperson for Geely says the acquisition should help the company boost its ability to generate "next generation" taxis, including electric taxis.
Geely has plans to develop new energy vehicles for a London taxi company, but is also looking to engage with taxi fleets in other markets, including China.
While the amount of the investment hasn't been revealed, Emerald says Geely has committed to investing a minimum of 200 million US dollars into the company over the next five years to develop Emerald's range of electric vehicles.
Emerald currently has prototypes of two models of electric delivery vans.
In February of last year, Geely acquired the principal assets of Manganese Bronze which manufactures London's iconic black cabs for around 18.5 million US dollars.
Geely bought Volvo in 2010.
Macau Casino Revenue jumps to record
Macau casino revenue hit a record last month after surging 40 percent due to a deluge of mainland Chinese visitors during the New Year Festival period.
Casino revenue in the world's largest gambling hub hit 38 billion patacas ($4.8 billion) last month.
Over 770 thousand mainland Chinese visitors traveled to Macau during this year's Chinese New Year holiday, which ran from 31st Jan to 6th Feb.
This is an increase of 23 percent compared to a year earlier.
Last year Casino operators in Macau amassed revenue totally over $45 billion in 2013, which is seven times that of those in Las Vegas.
Many operators have added shopping malls to their facilities in a bid to further attract mainland gamblers.
Macau is the only city in China where gambling is legal.
Japan and South Korea car sales soar
Asian car makers have witnessed soaring demand for their vehicles in February, with Japan and South Korea leading the pack.
Japan's new vehicle sales, excluding mini cars, soared 15.0 percent in February on a yearly basis to over 330 thousand units, up for the sixth consecutive month.
According to a separate report by Japan Mini Vehicles Association, the sale of mini vehicles climbed 23.8 percent year on year for the past month.
Meanwhile, global car sales by South Korean automakers took a 6 percent year on year increase while domestic sales rose by over 8 percent year on year.
Car sales in overseas markets by top automaker Hyundai Motors and its affiliate Kia Motors increased 2.7 percent and 20.5 percent each in February from a year earlier, and Ssangyong's sales surged more than 20 percent.
Growth in domestic sales was led by Ssangyong, which saw a sales increase of nearly 27 percent year on year.
South Korea appoints new head of central bank
South Korean President Park Geun-hye nominated the next chief of the country's central bank today.
Lee Ju-yeol, former Bank of Korea (BOK) deputy governor, was named by President Park as the next BOK chief.
Lee entered the central bank in 1977 after which he served a 35 year tenure before leaving to work as a professor at Yonsei University.
He will replace incumbent BOK governor Kim Choong-soo, whose tenure will end on March 31.
British Trade Envoy visits Laos; future trade links
British Trade Envoy and Oscar- winning film producer Lord David Puttnam held meetings with the Laos government in an effort to encourage bilateral trade.
Items on the agenda included Laos' accession to the ASEAN Economic Community (AEC) in 2015 as well as the country's experiences as a member of the WTO.
The UK trade envoy met with representatives from Laos' Ministry of Industry and Commerce and Ministry of Transport and Public Works to explore potential co-operative opportunities in infrastructure and development.
The Public-Private Partnership model has been proposed for future col
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