logo

Asian Economic News

Share SHARE

Philippine foreign trade deficit increased more-than-expected in March, preliminary figures from the Philippine Statistical Authority showed Wednesday. The trade deficit widened notably to EUR 1.7 billion in March from EUR 257 million in the corresponding month of the previous year. Economists had...

The total value of construction work done in Australia was down a seasonally adjusted 2.6 percent on quarter in the first three months of 2016, the Australian Bureau of Statistics said on Wednesday - coming in at A$47.928 billion. The headline figure missed forecasts for a decline of 1.5 percent following...

singapore1-081009.jpg Singapore's gross domestic product gained a seasonally adjusted, annualized 0.2 percent on quarter in the first quarter of 2016, the Ministry of Trade and Industry said in Wednesday's final revision. That was up from the flat reading in last month's advance estimate, although it misses expectations...

Singapore's gross domestic product expanded a seasonally adjusted, annualized 0.2 percent on quarter in the first quarter of 2016, the Ministry of Trade and Industry said in Wednesday's final revision. That was up from the flat reading in last month's advance estimate, although it misses expectations...

NewZealandcpi-071510.jpg New Zealand posted a merchandise trade surplus of NZ$292 million in April, Statistics New Zealand said on Wednesday - representing 6.8 percent of exports. The headline figure topped forecasts for a surplus of NZ$25 million and was up from NZ$117 million in March. Exports climbed NZ$166 million...

New Zealand had a merchandise trade surplus of NZ$292 million in April, Statistics New Zealand said on Wednesday. That topped forecasts for a surplus of NZ$25 million and was up from NZ$117 million in March. Exports climbed 4.0 percent on year to NZ$4.30 billion - also exceeding expectations for...

Singapore will on Wednesday release final Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. Forecasts are calling for an increase of 0.8 percent on quarter and 2.0 percent on year - both up from last month's advance estimate that suggested a flat...

Reserve Bank of Australia's Governor Glenn Stevens defended the central bank's 2-3 percent inflation target. "It is easily the best monetary framework we've ever had," Stevens said at the Trans-Tasman Business Circle in Sydney on Tuesday. "It's not at all a very rigid thing that demands knee jerk...

Fitch Ratings affirmed Indonesia's credit rating at 'BBB-' and the rating outlook at stable on Monday. Indonesia's ratings balance a low government debt burden, favorable growth outlook and limited sovereign exposure to banking-sector risks with a weak external position that makes the country relatively...

Hong Kong's consumer price inflation eased for a second straight month in April, figures from the Census and Statistics Department showed Monday. The consumer price index rose 2.7 percent year-on-year following 2.9 percent climb in March. In February, inflation was 3 percent. The latest inflation...

Singapore consumer prices decreased less than expected in April, figures the Ministry of Trade and Industry and Monetary Authority of Singapore revealed Monday. Consumer prices declined 0.5 percent on a yearly basis in April, slower than a 1 percent drop in March and a 0.7 percent fall expected by...

The leading index for Japan, which measures the future economic activity, increased in March instead of a decline initially estimated, final figures from the Cabinet Office showed Monday. The leading index rose to 99.3 in March, which was upwardly revised from the preliminary estimate of 98.4. In...

Japan's all industry activity recovered in March on an expansion in industrial output, data from the Ministry of Economy, Trade and Industry showed Monday. The all industry activity index gained 0.1 percent in March from February when it fell 0.9 percent. Nonetheless, it was slower than a 0.5 percent...

Japan's manufacturing activity deteriorated at the steepest pace in over three years in May, the latest flash survey from Markit Economics showed Monday. The Markit/ Nikkei Manufacturing Purchasing Managers' Index, or PMI, fell to 47.6 in May from 48.2 in April. The latest reading signaled quickest...

Taiwan's unemployment rate increased unexpectedly in April, after falling in the previous month, figures from the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Monday. The seasonally adjusted jobless rate climbed to 3.97 percent in April from 3.92 percent in March. Economists...

Follow RTT