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Malaysia's government appointed Datuk Nor Shamsiah Mohd Yunus as the new Governor of Bank Negara Malaysia. Her five-year term will begin on July 1, 2018. Shamsiah has probed the 1MDB mega-scandal. She served as the Deputy Governor of Bank Negara Malaysia from 2010 until 2016. Shamsiah recently...

Hong Kong's current account surplus decreased in the first quarter from a year ago, figures from the Census and Statistics Department showed Friday. The current account surplus fell to HK$16.3 billion in the March quarter from HK$20.2 billion in the same period last year. However, the surplus increased...

Taiwan's unemployment rate held steady in May after rising in the previous month, the Directorate General of Budget Accounting and Statistics, or DGBAS, reported Friday. The seasonally adjusted jobless rate came in at 3.69 percent in May, the same rate as in April. The expected rate was 3.70 percent. In...

Japan's all industry activity increased at a faster-than-expected pace in April, data from the Ministry of Economy, Trade and Industry showed Friday. The all industry activity index climbed 1.0 percent month-over-month in April, after remaining flat in March. That was just above the expected rise...

Japan's manufacturing activity grew at an accelerated pace in June, flash data from IHS Markit showed Friday. The Nikkei flash manufacturing Purchasing Managers' Index, or PMI rose to 53.1 in June from 52.8 in May. Any reading above 50 indicates expansion in the sector. Among components, both...

Fitch Ratings maintained South Korea's sovereign rating at 'AA-' with a 'stable' outlook on Friday. The agency said sovereign ratings balance robust external finances and a strong macroeconomic performance with ongoing geopolitical risk and longer-run challenges of rapid population ageing and low...

New Zealand's net migration declined in May from a year earlier, figures from Statistics New Zealand showed Friday. In the year to May 31, the country recorded a net migration of 66,243, down from 71,964 in the same period of 2017. Migrant arrivals numbered 130,200 in May and migrant departures...

Total credit card spending in New Zealand decreased for the first time in four months in May, data from the Reserve Bank of New Zealand showed Friday. Credit card spending dropped 1.6 percent month-over-month in May, reversing a 0.6 percent rise in April. Domestic billings declined 1.6 percent...

Overall nationwide consumer prices in Japan were up 0.7 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday. That exceeded estimates for an increase of 0.6 percent, which would have been unchanged from the April reading. Core CPI also was up 0.7 percent on...

The South Korea stock market headed south again on Thursday, one session after it had ended the five-day slide in which it had given away almost 135 points or 5.5 percent. The KOSPI now rests just above the 2,335-point plateau and it may take further damage on Friday. The global forecast for the Asian...

Japan will on Friday release nationwide consumer price data for May, highlighting a modest day for Asia-Pacific economic activity. Overall inflation is expected to hold steady at 0.6 percent on year, while core CPI is called unchanged at 0.7 percent on year. Japan also will see April numbers for...

cryptos-june21.jpg Bitcoin and its peers are modestly in the red Thursday morning, following a rebound Wednesday evening from a crash caused by the news of a hack at a leading cryptocurrency exchange in South Korea. Overall cryptocurrency market capitalization was at $287.58 billion as of 9.44 am ET on Thursday on CoinMarketCap.

Taiwan's central bank kept its key interest rates unchanged on Thursday. The central bank kept the discount rate at 1.375 percent. The rate has been kept unchanged for the eighth quarterly meeting in a row. The board said a continued accommodative monetary policy stance will help ensure price stability...

Hong Kong's consumer price inflation accelerated slightly in May, in line with expectations, data from the Census and Statistics Department showed Thursday. Consumer prices climbed 2.1 percent year-over-year in May, faster than the 1.9 percent rise seen in April. Netting out the effects of all...

South Korea's producer price inflation accelerated for the second straight month in May, preliminary data from Bank of Korea showed Thursday. Producer prices climbed 2.2 percent year-on-year in May, faster than April's 1.7 percent rise, which was revised up from a 1.6 percent increase reported earlier. Price...

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