Macau Gaming：From bad to worse (still waiting for a better entry point) China: 1Q GDP growth eased to 7.0%oya as expected;disappointing IP report reflected restructuring pains JPM Trust Tracker：March 2015 Review Shipyards & Oil Services：BAB MK wins US$300 mn FSU job；Seadrill denies move to relinquish 30% Sete rigs stake Indonesia: March trade surplus widens on weak energy imports –watching for further policy easing as growth softens Historical Wireless Pricing Analysis Suggests Lower $/GB but Relatively Stable Prices Overall as Usage Increases North America Metals & Mining：Q1 Earnings Preview & Calendar Prices approaching break-even point for low-cost producers Philippines: February remittances ease, FX translation effects may have had an impact Everbright Spot：What’s Inside