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China's central bank temporarily reduced the amount of cash that big 5 banks should maintain as reserves to avoid a liquidity crunch ahead of the Lunar New Year holiday. The People's Bank of China trimmed the reserve requirement ratio for the banks by one percentage point to 16 percent, Reuters reported...

China-Q4-GDP-012017.jpg China's economy expanded at a faster pace in the fourth quarter on spending, while the full-year growth hit the weakest in 26 years, data from the National Bureau of Statistics revealed Friday. Gross domestic product grew 6.8 percent in the fourth quarter, while economists expected the rate to stabilize again at 6.7 percent.

New home sales in Australia surged in November after falling sharply in the previous month, the Housing Industry Association said on Friday. Total home sales grew a seasonally adjusted 6.1 percent month-over-month in November, reversing a 8.5 percent decline in October. Detached house sales climbed...

China's gross domestic product expanded 6.8 percent on year in the fourth quarter of 2016, the National Bureau of Statistics said on Friday. That beat forecasts for 6.7 percent, which would have been unchanged from the three months prior. On a quarterly basis, GDP was up 1.7 percent - in line with...

China is scheduled to release a raft of data on Friday, highlighting a modest day for Asia-Pacific economic activity. On tap are Q4 numbers for gross domestic product, as well as December data for industrial production, retail sales and fixed asset investment. GDP is expected to add 1.7 percent on...

Indonesia's central bank kept its key interest rate unchanged on Thursday as economists had widely expected. The Board of Governors of Bank Indonesia, led by Governor Agus Martowardojo, left the 7-day repo rate at 4.75 percent. Previously, the bank had reduced the rate by 25 basis points each...

Hong Kong's unemployment rate held steady in the three months ended December, in line with expectations, preliminary figures from the Census and Statistics Department showed Thursday. The seasonally adjusted jobless rate came in at 3.3 percent in the October to December period, the same rate as in...

Malaysia's central bank kept its key interest rates unchanged on Thursday as policymakers said the current accommodativeness is consistent with the policy stance to ensure steady growth and a stable core inflation. Bank Negara Malaysia decided to maintain the Overnight Policy Rate at 3.00 percent. Headline...

unemployment-021010.jpg The jobless rate in Australia came in at a seasonally adjusted 5.8 percent in December, the Australian Bureau of Statistics said on Thursday. That exceeded forecasts for 5.7 percent, which would have been unchanged from the November reading. The Australian economy added 13,500 jobs, topping expectations...

Consumer confidence in New Zealand spiked in January, the latest survey from ANZ Bank revealed on Thursday as its index jumped 3.4 percent to a score of 128.7. That follows the 2.1 percent decline in December to 124.5, and the January reading marks a 21-month high. Confidence is higher on good...

The unemployment rate in Australia came in at a seasonally adjusted 5.8 percent in December, the Australian Bureau of Statistics said on Thursday. That exceeded forecasts for 5.7 percent, which would have been unchanged from the November reading. The Australian economy added 13,500 jobs, topping...

The inflation forecast for Australia surged in January, the latest survey from the Melbourne Institute showed on Thursday, spiking 4.3 percent. That follows the 3.4 percent forecast in December, and it marks the highest reading since coming in at 4.4 percent in May 2014. A rebound in commodity...

NewZealandcpi-071510.jpg The total number of building permits in New Zealand issued in November fell a seasonally adjusted 9.2 percent on month in November, Statistics New Zealand said on Thursday - standing at 2,973. That followed the 2.0 percent increase in October, and it marked the most for any month since March 2005,...

The total number of building permits in New Zealand issued in November was down a seasonally adjusted 9.2 percent on month in November, Statistics New Zealand said on Thursday - coming in at 2,973. That followed the 2.0 percent increase in October. On a yearly basis, building permits surged 13.0...

Australia will on Thursday release unemployment figures for December, highlighting a busy day for Asia-Pacific economic activity. The jobless rate is expected to hold steady at 5.7 percent, with the addition of 10,000 jobs expected following the gain of 39,100 in November. The participation rate is...

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