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Trump-Kim Tango, BI's Surprise Meeting, Italian Turmoil: Eco Day

Published 05/27/2018, 08:00 PM
Updated 05/27/2018, 08:30 PM
© Reuters.  Trump-Kim Tango, BI's Surprise Meeting, Italian Turmoil: Eco Day

(Bloomberg) -- Welcome to Monday Asia. Here’s news from Bloomberg Economics to help get your week started:

  • President Trump suggested that his summit with Kim Jong Un was back on, three days after calling off the meeting. Was he inspired by the North Korean leader’s budding friendship with Moon Jae-in?
  • Hike number two? Indonesia’s new central bank governor has called an unscheduled policy meeting for Wednesday, setting the stage for a second interest-rate increase in just two weeks.
  • Help wanted: A shortage of skilled workers in New Zealand has implications for the economy that policy makers will likely have to grapple with.
  • Could the latest measures to scuttle a housing boom in Hainan provide a new model for taming buying frenzies that almost always follow in the wake of China’s economic stimulus plans?
  • Ahead of next month’s Turkish election, confusion reigns. While the economic data shows the economy is booming, the financial markets seem to think it’s on the verge of a crash.
  • Italy sank deeper into political uncertainty as populist leaders gave up on forming a government after the president rejected their choice of a euro-skeptic, Germany-bashing finance minister.

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