Asia This Day

Thailand's opposition Peau Thai party has scored a decisive victory in Sunday's election,bringing the country's first female prime minister,Yingluck Shinawatra,to power.There's still a lot of work to do for the well-being of the people and unity and reconciliation,the 44-year old politician said.She is the sister of deposed prime minister Thaksin Shinawatra,who is in exile in Dubai.The victory is being seen as an expression of voter dissatisfaction with the ruling elite.
The Thai army has accepted the result.She is to hold discussions with them.Ms.Shinawatra made the namaste gesture,her hands pressed together,as she acknowledged her victory.
China's purchasing managers indexes have come in less than expected,showing that the government's efforts to prevent bubbles from forming are having an effect.The manufacturing PMI was at 50.9,and the service sector PMI registered a 57.0 for June,indicating growth was still occurring,but at a slower pace than had been supposed.
The Asian markets all opened higher on Monday morning in reaction to Wall Street's strong performance on Friday.
Hong Kong went to work in hot and humid conditions,with the temperature at 88F and the humidity at 70%.Winds were southwest at 15mph under partly cloudy skies.