World trade increased at a steady pace in the first quarter, in a sign that the economy is expanding modestly, a report released by the Netherlands Bureau of Economic Policy Analysis, or the CPB, showed Friday.
The volume of international trade increased 0.7 percent sequentially in the first three...
Taiwan trimmed its growth outlook for 2013 despite lifting its estimate for the first quarter.
Stability is "extremely desirable" in the case of Japanese bond market, Bank of Japan Governor Haruhiko Kuroda said Friday during a speech at an International Conference on the 'Future of Asia'
Commenting on the recent spike in Japanese government bond yield, he said the central bank will stem volatility...
Massive stimulus announced by the Bank of Japan in April will help the economy exit deflation, Bank of Japan Governor Haruhiko Kuroda said Friday.
The Quantitative and Qualitative Easing "will lead Japan's economy to overcome the deflation that has lasted for nearly 15 years, and reinvigorate...
Philippine imports declined at a faster pace in March, the latest figures from the National Statistics Office showed Friday.
Imports fell 8.4 percent year-on-year in March, faster than a 5.8 percent decline in February. Imports have now declined for three consecutive months.
In March, imports...
New Zealand posted a merchandise trade surplus of NZ$157 million in April, Statistics New Zealand said on Friday, worth 4.0 percent of exports.
The headline figure missed forecasts for a surplus of NZ$480 million following the upwardly revised surplus of NZ$732 million in March (originally NZ$718...
New Zealand saw a merchandise trade surplus of NZ$157 million in April, Statistics New Zealand said on Friday.
That missed forecasts for a surplus of NZ$480 million following the upwardly revised surplus of NZ$732 million in March (originally NZ$718 million).
Exports were up a seasonally adjusted...
New Zealand is on Friday scheduled to release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
Imports are expected to be worth NZ$3.60 billion after coming in at NZ$3.70 billion in March. Exports are called at NZ$4.06 billion after...
Taiwan's industrial output declined for a third consecutive month in April, data from the Economy Ministry showed Thursday.
Production fell 0.88 percent year-on-year in April, following a 3 percent slump in March. Economists expected the pace of decline to ease to 0.47 percent.
Month-on-month,...
The Bank of Japan on Thursday stepped in to curb excess volatility in long-term bond yields by injecting JPY 2 trillion funds into the system, reports said.
The 10-year Japanese government bond yield jumped to its highest in level in more than one year early Thursday after Federal Reserve Chairman...
Capital spending by Japanese businesses may continue moderate uptrend in the coming months as companies' profits improve, the Bank of Japan said in its monthly report published on Thursday.
"Business fixed investment is projected to follow a moderate increasing trend, partly due to investment related...
Singapore's manufacturing production recovered strongly at a faster than expected pace in April due to a surge in biomedical output, data showed Thursday.
Manufacturing production advanced 4.7 percent year-on-year in April, reversing last month's 3.8 percent fall, the Economic Development Board reported....
Inflation in Singapore slowed more than expected in April to its lowest level in more than three years, in part reflecting slower rise in private road transport charges as well as accommodation costs, official figures showed Thursday.
The inflation rate, measured by the consumer price index, eased...
South Korea should retain its expansionary monetary policy stance as the economy is estimated to grow at a slower pace, the state run think tank Korea Development Institute said in a report on Thursday.
It forecast gross domestic product to expand 2.6 percent this year, down from the prior estimate...
China's manufacturing sector contracted for the first time in seven months in May amid poor demand, fueling concerns that the weakness in the economy may persist for some more time. The headline purchasing managers' index, an indicator of the health of the factory sector, fell to a seven-month low of 49.6 in May from 50.4 in April. Readings below 50 indicate contraction of the sector.