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6 4 2008 559 2007 495 2007 10 28 140 15 7080 7 9 6 9 1 1822 1990 2000 1991 16 20052006 2 1962 2000 18 1822 6,000 5,000 4,000 3,000 2,000 1,000 0 11822 1822 1991 1993 1995 1997 1999 1822 2000 2001 2002 2003 2004 2005 2006 1822 1999 108 51.3 18% 15% 12% 9% 6% 3% 0% - 3 -
159.3 2006 546 1998 1999 10.5% 2006 22.0% 2 600 500 400 2003 300 200 2006 100 400 0 2009 78 80 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 500 2004 70% 2006 11 20062010 700-4 -
8 17 4 3 1 GDP 3.6 4 0.55 1.06 2 3 CPI 1 8 20 2,0004,000 7.6 21 4 18-5 -
E-mail; young_song@cn.smbc.co.jp (1) WTO 3 +10 52 18 9 2 2007 25.8 4 30% 25% 20% 15% 10% 5% 0% CEI 2002 2003 2004 2005 2006 2007 11 20062010 7 8 3 +8.42007 25.3 (2) 2004 3 2004 (1) - 6 -
2008 1 27 400 (2) 2008/2 1,145 40 2006 6/19 6/19 7/23-7 -
2008 9 18 ( 1) 67 2000 2 14 1 2 3 4 5 6 7 8 9-8 -
10 11 12 13 14 2 ( 2) ( 3) ( 1) 535 ( 2) 0.5 ( 3)2003 4 27 2004 1 1 () - 9 -
535 2008 9 3 25 1 1 1-10 -
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SMBC September, 2008 CNY- SMBC Singapore, Bloomberg As of 9-11-08 1USD=CNY 100JPY=CNY 1CNY=JPY Spot 6.8445 - - - 6.3716 - - 15.69 - - 7.47% 08Q3 6.8600 6.6400 6.8750-6.2940 6.0300 6.7700 15.90 14.50 17.00 7.47% 08Q4 6.8200 6.6150 6.8750 6.6800 6.0350 5.7800 6.6850 16.60 14.50 18.00 7.20% 09Q1 6.7900 6.5850 6.8350 6.6000 6.1170 5.7800 6.4950 16.30 15.00 18.00 6.93% 09Q2 6.7500 6.5500 6.8050 6.5100 5.8700 5.6250 6.4950 17.00 15.00 18.50 6.66% 09Q3 6.7100 6.5100 6.7650 6.5000 5.7840 5.5400 6.2350 17.30 15.50 18.50 6.66% 09Q4 6.6700 6.4700 6.7250 6.3400 5.6530 5.4150 6.1450 17.70 16.00 19.00 6.66% /20071 /20071 20071 Bloomberg JFMAMJJASONDJFMAMJJAS 7.85 7.75 7.80 7.70 7.60 7.65 7.50 7.55 7.45 7.35 7.40 7.30 7.20 7.25 7.15 7.05 7.10 6.95 7.00 6.90 6.80 6.85 6.75 JFMAMJJASONDJFMAMJJAS 7.4 7.3 7.2 7.1 7.0 6.9 6.8 6.7 6.6 6.5 6.4 6.3 6.2 6.1 JFMAMJJASONDJFMAMJJAS 6250 6000 5750 5500 5250 5000 4750 4500 4250 4000 3750 3500 3250 3000 2750 2500 2250 2000 Bloomberg 2002100 Bloomberg 12/31/07 06/29/07 12/29/06 +6.61% +11.23% +14.03% 2002 2003 2004 2005 2006 2007 2008 102 100 98 96 94 92 90 88 86 84 82 12/31/07 06/29/07 12/29/06-3.01% +2.49% Bloomberg +2.89% 81 98 287 14 4.9% 10
SMBC September, 2008 TWD- SMBC Singapore, Bloomberg As of 9-11-08 1USD=TWD 100JPY=TWD 1TWD=JPY Spot 32.02 - - - 29.81 - - 3.3542 - - 3.625% 08Q3 32.30 31.00 32.50-29.60 28.50 31.50 3.3750 3.1800 3.5150 3.625% 08Q4 33.50 31.50 34.00 32.00 29.60 28.50 31.50 3.3730 3.2000 3.5150 3.500% 09Q1 32.90 32.00 34.00 31.80 29.60 28.50 31.50 3.3740 3.2000 3.5150 3.250% 09Q2 34.10 32.00 34.50 31.40 29.70 28.50 31.50 3.3720 3.1950 3.5150 3.000% 09Q3 34.40 33.00 34.50 30.80 29.70 28.50 31.50 3.3720 3.1950 3.5150 3.000% 09Q4 35.00 33.50 35.50 31.00 29.70 28.50 31.50 3.3710 3.1950 3.5150 3.000% /20071 /20071 20071 Bloomberg JFMAMJJASONDJFMAMJJAS 33.6 33.4 33.2 33.0 32.8 32.6 32.4 32.2 32.0 31.8 31.6 31.4 31.2 31.0 30.8 30.6 30.4 30.2 30.0 29.8 JFMAMJJASONDJFMAMJJAS 32.0 31.5 31.0 30.5 30.0 29.5 29.0 28.5 28.0 27.5 27.0 26.5 26.0 JFMAMJJASONDJFMAMJJAS 9800 9600 9400 9200 9000 8800 8600 8400 8200 8000 7800 7600 7400 7200 7000 6800 6600 6400 6200 Bloomberg 2002100 Bloomberg 12/31/07 06/29/07 12/29/06 +1.34% +1.81% +2.25% 2002 2003 2004 2005 2006 2007 2008 102 101 100 99 98 97 96 95 94 93 92 91 90 89 88 87 12/31/07 06/29/07 12/29/06 SMBC, Bloomberg -2.66% -10.54% -8.16% 24.32%20071 GDP+0.56% 1.47% +5.78% 912 +1.2%
SMBC September, 2008 HKD- SMBC Singapore, Bloomberg As of 9-11-08 1USD=HKD 100JPY=HKD 1HKD=JPY Spot 7.7982 - - - 7.2603 - - 13.77 - - 3.50% 08Q3 7.8000 7.7750 7.8300-7.1560 6.8900 7.8300 14.00 13.00 14.50 3.50% 08Q4 7.8000 7.7800 7.8300 7.8000 6.9030 6.6450 7.7150 14.50 13.00 15.00 3.50% 09Q1 7.8000 7.7800 7.8300 7.8000 7.0270 6.6450 7.5750 14.20 13.00 15.00 3.50% 09Q2 7.8000 7.7800 7.8300 7.8000 6.7830 6.5300 7.5750 14.70 13.00 15.50 3.50% 09Q3 7.8000 7.7800 7.8300 7.7500 6.7240 6.4750 7.3150 14.90 13.50 15.50 3.50% 09Q4 7.8000 7.7800 7.8300 7.7800 6.6100 6.3650 7.2500 15.10 14.00 15.50 3.50% /20071 /20071 20071 Bloomberg JFMAMJJASONDJFMAMJJAS 7.835 7.830 7.825 7.820 7.815 7.810 7.805 7.800 7.795 7.790 7.785 7.780 7.775 7.770 7.765 7.760 7.755 7.750 7.745 JFMAMJJASONDJFMAMJJAS 8.0 7.9 7.8 7.7 7.6 7.5 7.4 7.3 7.2 7.1 7.0 6.9 6.8 6.7 6.6 6.5 6.4 6.3 JFMAMJJASONDJFMAMJJAS 32000 31000 30000 29000 28000 27000 26000 25000 24000 23000 22000 21000 20000 19000 18000 Bloomberg 2002100 Bloomberg 12/31/07 06/29/07 12/29/06-0.26% +0.02% +0.25% 2002 2003 2004 2005 2006 2007 2008 102 100 98 96 94 92 90 88 86 84 82 80 78 12/31/07 06/29/07 12/29/06 Bloomberg -3.86% -12.57% -10.02% 21.4% Sars20032 1.5% 2