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Lack of monitoring of the shadow banking system is a risk to financial stability, the International Monetary Fund, or IMF, said late Wednesday. According to the Global Financial report from IMF, shadow banking amounted to around 7 trillion dollars in emerging markets. This is outpacing the growth...

The Reserve Bank of Australia is concerned about the riskier lending practices in property market, Assistant Governor Malcolm Edey and Luci Ellis, head of financial stability department, said Thursday. The central bank officials said discussions on measures to curb unhealthy practices are ongoing...

Japanese companies maintained their inflation estimates for the next year and coming five years, a survey from the Bank of Japan showed Thursday. Firms forecast inflation of 1.5 percent in the coming year, unchanged from the previous estimate published in April. According to Inflation Outlook of...

New Zealand's commodity prices declined at a slower rate in September, results of a survey by ANZ showed Thursday. The ANZ commodity price index slid 1.3 percent month-over-month in September following the 3.3 percent drop in August. This marked the seventh consecutive month of fall in prices. Prices...

trade.jpg Australia had a merchandise trade deficit of A$787 million in August, the Australian Bureau of Statistics said on Thursday. That beat forecasts for a shortfall of A$800 million following the upwardly revised A$1,075 million deficit in July (originally A$-1,395 million. Exports were down 2.0 percent...

Australia had a merchandise trade deficit of A$787 million in August, the Australian Bureau of Statistics said on Thursday. That beat forecasts for a shortfall of A$800 million following the upwardly revised A$1,075 million deficit in July (originally A$-1,395 million. Exports were down 2.0 percent...

The total number of building approvals issued in Australia was up a seasonally adjusted 3.0 percent on month in August, the Australian Bureau of Statistics said on Thursday, coming in at 16,810. That beat forecasts for an increase of 1.0 percent following the 2.5 percent gain in July. On a yearly...

The monetary base in Japan surged 35.3 percent on year to 245.816 trillion yen in September, the Bank of Japan said on Thursday, after soaring 40.5 percent in August. Banknotes in circulation added 3.5 percent on year, while coins in circulation collected an annual 0.9 percent - both unchanged from...

Australia will on Thursday release a raft of data on Thursday, highlighting a modest day for Asia-Pacific economic news. On tap are August numbers for import, exports and trade balance, new home sales and building approvals. The Reserve Bank of Australia also will give its annual report. The trade...

Indonesia's inflation accelerated in September on food and utility costs, data from the Central Statistics Agency showed Wednesday. The trade balance swung into deficit in August as import growth exceeded the increase in exports. Inflation rose to 4.53 percent in September from 3.99 percent in...

India's manufacturing sector expanded at the slowest pace since December 2013, survey from Markit Economics showed Wednesday. The headline HSBC Purchasing Managers' Index fell to 51 in September from 52.4 in August. Although the pace of growth weakened to a 9-month low, the sector continued its expansion...

Singapore home prices decreased for the fourth consecutive time in the third quarter, flash data from the Urban Redevelopment Authority showed Wednesday. Residential property prices fell 0.6 percent sequentially, but slower than the 1 percent decline seen in the second quarter. Prices of non-landed...

Indonesia's manufacturing sector recovered in September, results of a survey by Markit Economics and HSBC Bank showed Wednesday. The HSBC purchasing managers' index, or PMI, for the manufacturing sector rebounded to 50.7 in September from 49.5 in August. This marked expansion in manufacturing activity...

Taiwan's manufacturing sector expanded at the slowest rate in four months in September, results of a survey by Markit Economics and HSBC Bank showed Wednesday. The HSBC Purchasing Managers' Index, or PMI, for the manufacturing sector fell to 53.3 in September from the 40-month high of 56.1 in August....

retail-090312.jpg The total value of retail sales in Australia added a seasonally adjusted 0.1 percent on month in August, the Australian Bureau of Statistics said on Wednesday - coming in at A$23.311 billion. The headline figure was shy of forecasts for an increase of 0.4 percent, which would have been unchanged from...