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Moodys-India-111717.jpg Moody's Investors Service on Friday raised the sovereign ratings of India for the first time since 2004, citing economic and institutional reforms. The sovereign rating was lifted to Baa2 from Baa3 and the rating outlook was changed to 'stable' from 'positive'. The upgrade has placed India's rating at par with those of Italy and the Philippines.

China's government should take additional measures to address the fundamental imbalances in the residential housing market, a working paper by the International Monetary Fund staff and academics from the Tsinghua University said Thursday. "The government should expand its toolkit to include additional...

Moody's Investors Service raised the sovereign ratings of India by a notch, citing economic and institutional reforms. The sovereign rating was lifted to Baa2 from Baa3. The rating outlook was changed to 'stable' from 'positive'. The agency said the decision is supported by the expectation that...

Malaysia-GDP-Q3-111717.jpg Malaysia's economy expanded at the fastest pace in more than three years in the third quarter on private spending and foreign demand. Gross domestic product rose 6.2 percent year-on-year, faster than the 5.8 percent increase seen in the second quarter, data from the Department of Statistics showed Friday.

Singapore's non-oil domestic exports grew at a faster-than-expected pace in October, data from the International Enterprise Singapore showed Friday. NODX surged 20.9 percent year-over-year in October, reversing a 1.1 percent fall in the previous month. Economists had expected a 11.9 spike for the...

Malaysia's economy expanded at a faster pace in the third quarter, data from the Department of Statistics showed Friday. Gross domestic product rose 6.2 percent year-on-year, faster than the 5.8 percent increase seen in the second quarter. GDP was forecast to grow 5.7 percent. On a sequential...

The manufacturing sector in New Zealand continued to expand strongly in October, latest survey figures from Business NZ showed Friday. The Performance of Manufacturing Index, or PMI, dropped to 57.2 in October from 57.6 in September. However, any reading above 50 indicates expansion in the sector. Moreover,...

The total number of new motor vehicles sales in Australia was roughly flat in October, the Australian Bureau of Statistics said on Friday - coming in at 98,922. That follows the 0.5 percent decline in September. Sales for other vehicles added 0.4 percent on month, while passenger vehicles fell...

Australia will on Friday release October numbers for new motor vehicle sales, setting the pace for a light day in Asia-Pacific economic activity. In September, new motor vehicle sales were down 0.5 percent on month and 0.8 percent on year. Malaysia will provide Q3 numbers for gross domestic product...

NewZealandcpi-071510.jpg The output producer price index in New Zealand advanced 1.0 percent on quarter in the third quarter of 2017, Statistics New Zealand said on Friday. That followed the 1.3 percent increase in the previous three months. The input producer price index also advanced 1.0 percent on quarter, slowing from...

The output producer price index in New Zealand was up 1.0 percent on quarter in the third quarter of 2017, Statistics New Zealand said on Friday. That followed the 1.3 percent increase in the previous three months. The input producer price index also advanced 1.0 percent on quarter, slowing from...

Hong Kong's unemployment rate decreased unexpectedly in the three months ended October, though marginally, the Census and Statistics Department reported Thursday. The seasonally adjusted jobless rate dropped to 3.0 percent in the August to October period from 3.1 percent in the July to September period....

Philippines-GDP-111617.jpg The Philippine economy expanded at a faster pace on government spending and foreign demand in the third quarter. Gross domestic product grew 6.9 percent year-on-year, following a revised 6.7 percent expansion seen a quarter ago, the Philippine Statistics Authority said. In the same period of 2016, GDP advanced 7.1 percent.

Philippine economic growth improved in the three months ended September, figures from the Philippine Statistics Authority showed Thursday. Gross domestic product advanced 6.9 percent year-over-year in the third quarter, faster than the 6.7 percent rise in the second quarter, which was revised upward...

The unemployment rate in Australia came in at a seasonally adjusted 5.4 percent in October, the Australian Bureau of Statistics said on Thursday. That beat forecasts for 5.5 percent, which would have been unchanged from the September reading. The Australian economy added 3,700 jobs in October to...

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