Trump No-Show, Asia Trade-War Impact, End of Aussie Era: Eco Day

(Bloomberg) -- Happy Friday Asia. Here’s news from Bloomberg Economics to help get your day started:

  • President Trump pulled out of a planned summit with Kim Jong Un, citing “tremendous anger and open hostility” from Pyongyang. Where does Kim’s erratic behavior stem from? It’s all about the economy
  • Over five days, the U.S. called off a trade war with China, cast doubt over Beijing talks, and threatened new tariffs. In other words, it’s just another week for Trump’s volatile trade policy
  • Who loses if U.S.-China tensions dent Asia trade? Fielding Chen and Tom Orlik show how weaker Chinese exports would hit the region’s supply chain
  • Junta joy: a surprise surge in Thailand’s economic growth could sway the military government to stick to a plan for fresh elections early next year
  • Here’s why Japan’s potential new fiscal-deficit target could pose problems for BOJ policy, according to Yuki Masujima
  • End of an era: these charts show how tougher credit rules, increased supply and subdued wage growth are spelling the end of Australia’s long housing boom

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