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Singapore industrial production declined at a slower-than-expected pace in December, figures from the Economic Development Board revealed Monday. Industrial production fell 1.9 percent year-on-year in December, much slower than economists' forecast for a 4.0 percent sharp decline. Excluding biomedical...

Malaysia's jobless rate remained unchanged in November, figures from the Department of Statistics showed Monday. The unemployment rate came in at 2.7 percent in November, the same rate as seen in the previous month. A year ago, the jobless rate was 3.4 percent. Meanwhile, the unemployment rate...

New Zealand's services sector continued expand at a faster pace at the end of the year, the latest survey from Business NZ showed Monday. The seasonally adjusted Performance of Services Index, or PSI, rose to 56.5 in December from 54.7 in the previous month. Any reading above 50 indicates expansion...

bank-of-japan1_25Jan15.jpg Majority of Bank of Japan's policymakers said that the drop in oil prices will affect the economy and inflation positively in the long-term, though it is expected to weigh on inflation in the short-term, the minutes of the meeting held on December 18 and 19 showed Monday. However, one member said that the primary focus should be on the underlying trend in prices when considering the future conduct of monetary policy.

New Zealand's credit card spending declined in December after rising for four successive months, figures from the Reserve Bank of New Zealand showed Monday. Credit card billing fell 0.6 percent month-over-month in December after the 0.4 percent rise in November. Domestic billing dropped 0.7 percent...

Japan's trade deficit decreased more than expected in December, figures from the Ministry of Finance showed Monday. The trade deficit came in at JPY 660.7 billion in December, less than the JPY 735.2 billion expected by economists. In November, he deficit was at JPY 893.5 billion. In the same month...

Bank of Japan Governor Haruhiko Kuroda on Friday welcomed the European Central Bank's quantiative easing announcement. In an interview to Bloomberg Television in Davos, Switzerland, Kuroda said there divergence in the policy stance of the US Federal Reserve and the ECB was not much of a concern....

Taiwan's industrial production growth accelerated unexpectedly in December, data from the Ministry of Economic Affairs showed Friday. Industrial production advanced 7.33 percent in December from the prior year after the 6.72 percent increase in November. Economists had forecast output to grow 4.68...

Singapore house prices declined for the first time in six years in 2014, data from the Urban Redevelopment Authority showed Friday. For the whole year of 2014, residential property prices fell 4 percent compared to an increase of 1.1 percent in 2013. This was the first full year decline since 2008. In...

Malaysia's leading index recovered in November, survey data from the Department of Statistics showed Friday. The leading index increased by 0.2 percent month-on-month to 117.8 in November from 117.6 in October. A 0.4 percent rise in the expected sales in manufacturing index and 0.2 percent increase...

China's urban unemployment rate came in at 4.09 percent in 2014, compared to 4.1 percent in 2013, the Ministry of Human Resources and Social Security reported Friday. Cities created 13.22 million jobs in 2014, it said. Data from the National Bureau of Statistics this week showed that the overall...

Singapore's consumer prices declined more than expected in December, though at a slower rate than in the previous month, data from Statistics Singapore showed Friday. Consumer prices fell 0.2 percent year-on-year in December following the 0.3 percent fall in November. Economists had expected prices...

The leading economic index for India, which measures the future economic activity, dropped in December, after recovering in the previous month, figures from the Conference Board showed Friday. The Conference Board leading index fell 0.9 percent in December, in contrast to a 1.7 percent increase in...

china1-230913.jpg China's manufacturing sector contracted barely in January, the latest survey from HSBC Bank showed on Friday with a PMI score of 49.8. That beat forecasts for 49.5 and was up from 49.6 in December - although it remains below the boom-or-bust line of 50 that separates expansion from contraction.

The manufacturing sector in Japan continued to expand at an accelerated pace in January, the latest flash purchasing managers' index from Markit Economics and the Japan Materials Management Association revealed Friday. The Markit/JMMA manufacturing purchasing managers' index, or PMI, edged up to 52.1...

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