Kaohoon Morning Brief – 15November 2021
Morning brief of major stories since the closing of Thai stock market on 15 November 2021.
Morning brief of major stories since the closing of Thai stock market on 15 November 2021.
15 พ.ย. 2564

1) China retail sales beat expectations in October with 4.9% growth
The report of 4.9% growth from a year ago of China’s retail sales in October beat Reuters’ poll forecast of 3.5%. The Chinese National Bureau of Statistics also announced that industrial production expanded 3.5% YoY, beating expectations of 3% growth.
The data showed that from January to October, fixed asset investment grew by 6.1% from the first 10 months in 2020.
 
2) Japan’s 3Q21 economy fell by 3%, faster than expected
Japan’s economy is falling faster than anticipated with a 3.0% contraction in the third quarter, compared to a 0.8% as one of the largest economies in Asia battled with the Covid-19 situation in the quarter that pressured business spending and consumption.
Compared to the previous quarter, Japan’s GDP fell 0.8%, which was higher than what economists had forecast for a 0.2% drop.
 
3) WHO called booster shots a scandal as poorer nations struggle with first jabs
The World Health Organization (WHO) said that Covid-19 vaccine booster shot is a scandal as poor nations are struggling with getting their hands on the first jab, Director-General Tedros Adhanom Ghebreyesus said.
Countries in Africa are hurting from the Covid-19 pandemic as six countries have vaccinated more than 35% of their populations, but overall, the majority of African nations have less than 10% of their populations vaccinated.