The Bank of Japan raised its benchmark rate by a quarter-point to the highest level in three decades as inflation continued to remain above the target and hinted at further hikes. The policy board, headed by Ueda Kazuo decided, by a unanimous vote, to hike the uncollateralized overnight call rate to "around 0.75 percent" from "around 0.5 percent."
Malaysia's foreign trade surplus decreased markedly in November from a year ago as imports grew much faster than exports. The trade surplus dropped to MYR 6.1 billion in November from MYR 14.8 billion in the same month last year. Similarly, the surplus decreased notably from MYR 20.4 billion in October. Exports rose 7.0 percent annually in November, and imports were 15.8 percent higher.
The Bank of Japan raised its benchmark rate by a quarter-point on Thursday as inflation remains stubbornly above the target. The policy board decided to hike the uncollateralized overnight call rate to "around 0.75 percent" from "around 0.5 percent." Previously, the BoJ had lifted the benchmark...
Overall consumer prices in Japan were up 2.9 percent on year in November, the Ministry of Internal Affairs and Communications said on Friday. That was in line with expectations and down from 3.0 percent in October. On a monthly basis, inflation was unchanged at 0.4 percent. Core CPI was up 3.0...
The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is expected to hike its benchmark lending rate by 25 basis points, to 0.75 percent from 0.50 percent. Japan also...
Producer prices in South Korea were up 0.3 percent on month in November, the Bank of Korea said on Friday - up from 0.2 percent in October. Among the individual components, prices for agricultural, forestry and marine products were down 2.1 percent on month, while manufacturing products rose 0.8 percent,...
New Zealand posted a merchandise trade deficit of NZ$163 million in November, Statistics New Zealand said on Friday. That beat expectations for a shortfall of NZ$1.175 billion following the NZ$1.598 billion deficit in October. Exports jumped 9.2 percent on year to NZ$6.99 billion, up from NZ$6.44...
Taiwan's central bank retained its key interest rate, as widely expected, on Thursday and raised its growth outlook on strong demand for AI and other technology applications. The central bank board unanimously decided to maintain the key discount rate at 2.0 percent. The rate on refinancing of...
New Zealand will on Thursday release Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is expected to rise 0.9 percent on quarter and 1.3 percent on year after slipping 0.9 percent on quarter and 0.6 percent on year in the three months prior. The...
New Zealand's gross domestic product expanded a seasonally adjusted 1.1 percent on quarter in the third quarter of 2025, Statistics New Zealand said on Thursday. That beat forecasts for an increase of 0.9 percent following the downwardly revised 1.0 percent decline in the previous three months (originally...
Bank Indonesia left its benchmark interest rate unchanged on Wednesday to withstand the downward pressure on the rupiah exchange rate. The board governed by Perry Warjiyo, decided to hold the BI rate at 4.75 percent. The decision came in line with expectations.
Thailand's central bank lowered its key interest rate by a quarter-point on Wednesday as economic growth is forecast to moderate further amid subdued inflation. The Monetary Policy Committee of the Bank of Thailand unanimously decided to cut the policy rate by 25 basis points to 1.25 percent from 1.50 percent. Previously, the bank had lowered the policy rate by 25 basis points each in August.
The growth in Singapore's non-oil domestic exports moderated in November. Non-oil domestic exports rose 11.6 percent year-over-year in November, slower than the 21.7 percent surge in the previous month. This was the third successive monthly increase. Electronics exports grew 13.1 percent in November from last year, and non-electronics shipments expanded 11.1 percent.
Japan posted a merchandise trade surplus of 322.2 billion yen in November, the Ministry of Finance said on Wednesday. That beat forecasts for a surplus of 71.2 billion yen following the 226.1 billion yen shortfall in October. Exports were up 6.1 percent on year at 9.714trillion yen, topping forecasts...
The value of core machinery orders in Japan was up a seasonally adjusted 7.0 percent on month in October, the Cabinet Office said on Wednesday - coming in at 992.9 billion yen. That beat forecasts for a decline of 1.8 percent following the 4.2 percent increase in September. On a yearly basis, orders...
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.