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Bitcoin-Scrutiny-Indonesia-011918.jpg Indonesia's central bank has launched an investigation to see if bitcoin is being used in the holiday island of Bali. Media quoted Causa Iman Karana, head of Bank Indonesia's (BI) representative office in Bali Province, as saying that the bank authorities, in coordination with police, are focusing...

The manufacturing sector in New Zealand continued to expand in December, albeit at a sharply lower rate, the latest survey from Business NZ revealed on Friday with a PMI score of 51.2. That's down from 57.7 in November, although it remains above the boom-or-bust line of 50 that separates expansion...

New Zealand will on Friday see December results for the Manufacturing PMI from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. The index score on November came in at 57.7, well above the boom-or-bust line of 50 that separates expansion from contraction.

ChinaGDP-011818.jpg China's economic expansion exceeded the government's full year target in 2017 as growth accelerated for the first time in seven years. In 2017, gross domestic product expanded 6.9 percent, the National Bureau of Statistics reported Thursday. This was bigger than the government's target of about 6.5 percent and the 6.7 percent growth posted in 2016, which was the weakest in 26 years.

Hong Kong's unemployment decreased unexpectedly in the three months ended December, though marginally, the Census and Statistics Department reported Thursday. The unemployment rate dropped to 2.9 percent in the October to December period, edged down from 3.0 percent in the September to November period....

China's economy expanded at a steady pace at the end of 2017, data from the National Bureau of Statistics showed Thursday. Gross domestic product climbed 6.8 percent year-on-year in the fourth quarter, the same pace of growth as seen in the third quarter. The rate was forecast to slow to 6.7 percent. In...

New Zealand's house prices increased in December from a year ago, while the volume of sales decreased notably, the Real Estate Institute of New Zealand reported Thursday. The national median house price index climbed 5.8 percent year-over-year to NZ$550,000 in December. Median prices increased 1.9...

House prices in majority of the Chinese cities increased in December, the National Bureau of Statistics said Thursday. On a monthly basis, house prices climbed in 57 cities out of 70 surveyed by the government. In November, prices had advanced in 50 cities. Prices decreased in 7 cities and remained...

Japan's industrial production increased less than initially estimated in November, latest figures from the Ministry of Economy, Trade and Industry showed Thursday. Industrial production rose at a stable rate of 0.5 percent month-over-month in November, just below the 0.6 percent increase reported...

Australia's inflationary expectations remained unchanged in January, survey data from the Melbourne Institute showed Thursday. The expected inflation rate came in at 3.7 percent in January, the same rate as in the previous month. The weighted proportion of respondents expecting the inflation rate...

unemployment-021010.jpg The unemployment rate in Australia came in at a seasonally adjusted 5.5 percent in December, the Australian Bureau of Statistics said on Thursday. That was above forecasts for 5.4 percent, which would have been unchanged from November. The Australian economy added 34,700 jobs last month to 12,440,800,...

The unemployment rate in Australia came in at a seasonally adjusted 5.5 percent in December, the Australian Bureau of Statistics said on Thursday. That was above forecasts for 5.4 percent, which would have been unchanged from November. The Australian economy added 34,700 jobs last month, beating...

China is scheduled to release a raft of data on Thursday, headlining a busy day for Asia-Pacific economic activity. On tap are Q4 figures for gross domestic product, plus December data for retail sales, industrial production and fixed asset investment. GDP is expected to add 1.7 percent on quarter...

The world is entering a critical period of intensified risk in 2018, the World Economic Forum said in the Global Risks Report 2018, published on Wednesday. According to the annual report, structural and interconnected nature of risks in 2018 threaten the very system on which societies, economies...

GuoShuqing-CBRC-011718.jpg Imperfect internal control mechanisms in financial institutions, high bad debt and shadow banking have impact on the financial system, Guo Shuqing, chairman of the China Banking Regulatory Commission, told the newspaper People's Daily in an interview, published on Wednesday. The resulting hidden dangers threaten China's financial stability, Guo said.

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