The Asian Development Bank on Thursday cut its economic-growth forecast for developing Asia amid slower-than-expected growth in the United States and China.
The bank said the growth outlook for Southeast Asia was trimmed to 4.6% because Thailand, Indonesia, and Singapore's economies disappointed in the first half. Subregional growth will likely accelerate next year to 5.1%.
http://www.bangkokpost.com/business/news/6...e-asia-Thailand

I am currently 63% Asia X jpn....

CIMB GTF inches higher: 0.8406

China's growth for 2nd quarter beat expectation wor...

In 2007, Li Keqiang, a Chinese provincial official, let the American ambassador in on a little secret: China's GDP figures are "man-made" and therefore "unreliable."

http://money.cnn.com/2015/07/15/news/econo...mic-statistics/

ECB left int rate unchanged @ 0.05%

alamak...from the mouth of a remisier...
“I try to hold on to more cash and I don’t really invest in the market now. As long as the 1MDB issue does not have a clear outcome, I guess investors won’t have confidence in the local market,” said John Ang, a remisier with a local bank.
‘Cash is king’ as Malaysian investors switch gameplans to deal with bearish market
- See more at: http://www.themalaymailonline.com/malaysia...h.IIz4Y2SL.dpuf

then the remisier would get less commission or the IB might lose some income because less trade by investors

Asia stocks up in early trade Friday on Wall St. rise and Greece relief
http://www.thestar.com.my/Business/Busines...ains/?style=biz

China H-Share Analysts See 20% Gain on Valuations Rarely So Low

Chinese stocks in Hong Kong are poised to rally 20 percent by December after valuations fell close to the cheapest level in 12 years versus global equities.

That’s according to a Bloomberg survey of seven strategists, who have an average forecast of 14,114 for the Hang Seng China Enterprises Index of so-called H shares. The gauge, valued at 1.2 times net assets, is 45 percent cheaper than the MSCI All-Country World Index. The gap is near the widest since 2003, as the attached chart shows, and compares with an average discount of just 13 percent during the past 14 years.

URL: http://www.bloomberg.com/news/articles/201...s-rarely-so-low

Is it a good idea to top up on ponzi 2?

Shld top up ytday to capitalize on 1% s/c

Our 2015 Recommended Funds List – Now Available! FSM SG

https://secure.fundsupermart.com/main/artic...--10564?lang=en

my fund hit 5 out of 9 in the list.

Good for you.....
just continue to monitor them.....because
1 of the 3 Misconceptions Of FSM Recommended Unit Trusts List is .
RECOMMENDED unit trusts = BEST RETURNS
.....Some recommended unit trusts might not be the best performing funds for their respective categories, and similarly, some of the best performing funds might not be the recommended unit trust for their category for a variety of reasons. ......
http://www.fundsupermart.com.my/main/resea...?articleNo=6041

I don't go to fsm often

Anyway, good idea top up or expected to go south further?

http://www.therakyatpost.com/business/2015...s-europe-sales/

A blow to Singapore is a blow to Johor/Malaysia...

I have top up personally

it's bad news

if I'm not mistaken, Saudi also planning to build oil-refinery in Asia using Saudi Crude. I think in Indonesia

Topup Ponzi 2.0 and KGF yesterday also as per DVA.

nice

China Unleashes $483 Billion to Stem the Market Rout
http://www.bloomberg.com/news/articles/201...d-stock-selloff