logo

Asian Economic News

Share SHARE

japantrade-042110.jpg Nationwide consumer prices in Japan added 0.2 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday - matching forecasts and slowing from 0.4 percent in June. Overall core consumer prices, which exclude the volatile costs of food, were flat on month. That beat...

Retail sales in Japan were up 1.6 percent on year in July, the Ministry of Economy, Trade and Industry said on Friday. That beat forecasts for an increase of 1.1 percent following the 1.0 percent gain in June. Sales from large retailers jumped an annual 2.1 percent, matching forecasts and up from...

Nationwide consumer prices in Japan were up 0.2 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday - in line with forecasts and slowing from 0.4 percent in June. Overall core consumer prices, which exclude the volatile costs of food, were flat on month. That...

The unemployment rate in Japan came in at a seasonally adjusted 3.3 percent in July, the Ministry of Internal Affairs and Communications said on Friday. That was below forecasts for 3.4 percent, which would have been unchanged from the June reading. The job-to-applicant ratio was 1.20 - exceeding...

The average of household spending in Japan was down 0.2 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday - coming in at 280,471 yen. That was shy of expectations for an increase of 0.5 percent following the 2.0 percent decline in June. The average of monthly...

While the global economy may not be on the brink of another financial crisis, policymakers must carefully watch some fragilities that have emerged, India's central bank governor Raghuram Rajan said. In an interview to the BBC on Tuesday, Rajan said,"Based on what I've seen so far there's no strong...

The combined real gross domestic product of the member countries of the Organization for Economic Cooperation and Development grew at a slightly slower pace in the second quarter, data showed Wednesday. Real GDP expanded 0.4 percent sequentially, which was slightly slower than the 0.5 percent growth...

Singapore's industrial production declined at a faster-than-expected pace in July, preliminary figures from the Economic Development Board showed Wednesday. Industrial production fell sharply by 6.1 percent year-over-year in July, exceeding economists' expectations for a 4.0 percent decrease. In...

Australia needs to focus on economic and tax reform debate in order to boost growth instead of discussing on returning to surplus and income distribution, the Reserve Bank of Australia's Governor Glenn Stevens said on Wednesday. In a keynote speech at a National Reform Summit hosted by The Australian...

The total value of construction work done in Australia climbed a seasonally adjusted 1.6 percent on quarter in the second quarter of 2015, the Australian Bureau of Statistics said on Wednesday - coming in at A$49.811 billion. That beat forecasts for a decline of 1.5 percent following the 2.4 percent...

Corporate service prices in Japan were up 0.6 percent on year in July, the Bank of Japan said on Wednesday. That beat forecasts for an increase of 0.4 percent, which would have been unchanged from the June reading. On month, prices added 0.2 percent following the flat reading a month earlier. Among...

NewZealandcpi-071510.jpg New Zealand posted a merchandise trade deficit of NZ$649 million in July, Statistics New Zealand said on Wednesday - representing 15 percent of exports. The headline figure missed expectations for a shortfall of NZ$600 million following the NZ$60 million deficit in June. Exports climbed 14.0 percent...

New Zealand had a merchandise trade deficit of NZ$649 million in July, Statistics New Zealand said on Wednesday. That missed expectations for a shortfall of NZ$600 million following the NZ$60 million deficit in June. Exports climbed 14.0 percent on year to NZ$4.20 billion - well above forecasts...

New Zealand will on Wednesday release July figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. Imports are expected to come in at NZ$4.40 billion, up from NZ$4.29 billion in June. Exports are called at NZ$3.83 billio9n, down from NZ$4.23 billion...

Consumer sentiment in South Korea picked up steam in August, the Bank of Korea said on Wednesday, as its consumer confidence index came in with a score of 102.0. That's up from the upwardly revised 100.0 in July (originally 99.0). Consumer sentiment as to current living standards was at 90, higher...

Follow RTT