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boj-013117_23jan19.jpg The Bank of Japan kept its monetary policy unchanged on Wednesday, but downgraded the inflation forecasts, primarily driven by a sharp fall in oil prices. The Policy Board of the BoJ voted 7-2 to purchase government bonds so that the yield of 10-year JGBs will remain at around zero percent. The board maintained interest rate at -0.1 percent on current accounts that financial institutions maintain at the bank.

japanexports-112510.jpg Japan had a merchandise trade deficit of 55.286 billion yen in December, the Ministry of Finance said on Wednesday. That missed expectations for a deficit of 35.3 billion yen following the 737.7 billion yen shortfall in November. Exports were down 3.8 percent on year to 7.023 trillion yen - shy...

Japan posted a merchandise trade deficit of 55.286 billion yen in December, the Ministry of Finance said on Wednesday. That missed expectations for a deficit of 35.3 billion yen following the 737.7 billion yen shortfall in November. Exports were down 3.8 percent on year to 7.023 trillion yen -...

newzealandcpi-071510.jpg Consumer prices in New Zealand climbed an unadjusted 0.1 percent on quarter in the fourth quarter of 2018, Statistics New Zealand said on Wednesday. That beat expectations for a flat reading following the 0.9 percent quarterly increase in the three months prior. Food prices fell 1.3 percent, influenced...

Consumer prices in New Zealand were up an unadjusted 0.1 percent on quarter in the fourth quarter of 2018, Statistics New Zealand said on Wednesday. That beat expectations for a flat reading following the 0.9 percent quarterly increase in the three months prior. Housing and household utilities...

The Bank of Japan will on Wednesday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The central bank is widely expected to keep its benchmark lending rate unchanged at -0.10 percent. Japan also will...

Hong Kong's inflation eased for a second straight month in December to its lowest level in four months, data from the Census and Statistics Department showed on Tuesday. Consumer prices climbed 2.5 percent year-on-year in December, following a 2.6 percent rise in November. Economists had expected...

South Korea's producer price inflation slowed further in December, data from the Bank of Korea showed on Tuesday. Producer prices advanced 1.0 percent year-on-year, slower than 1.5 percent seen in November. Manufacturing producer prices rose 0.3 percent year-on-year, and those for the utility...

southkorea-jan22.jpg South Korea's economy expanded at the slowest pace in six years in 2018, as a pick-up in the fourth quarter was not enough to offset the impact of weakening exports. Gross domestic product rose 2.7 percent in 2018, which was slower than the 3.1 percent growth in 2017, data from the Bank of Korea showed on Tuesday.

chinaflag-july24_21jan19.jpg China's economy expanded at the weakest pace in nearly three decades in 2018 as the trade war with the U.S. hurt business activity and sentiment. Full-year growth slowed to 6.6 percent in 2018, which was weakest pace of expansion since 1990, data from the National Bureau of Statistics showed on Monday. The growth rate exceeded the around 6.5 percent target of the government.

China's gross domestic product climbed a seasonally adjusted 1.5 percent on quarter in the fourth quarter of 2018, the National Bureau of Statistics said on Monday. That was in line with expectations and down from 1.6 percent in the third quarter. On an annualized basis, GDP expanded 6.4 percent...

China is scheduled to release a raft of data on Monday, setting the pace for an otherwise light day in Asia-Pacific economic activity. On tap are Q4 numbers for GDP, as well as December data for retail sales, industrial production and fixed asset investment. GDP is expected to expand 1.5 percent on...

Overall consumer prices in Japan were up 0.3 percent on year in December, the Ministry of Internal Affairs and Communications said on Friday. That was in line with expectations and down from 0.8 percent in November. Core consumer prices - which exclude volatiles prices of food - were up an annual...

Japan will on Friday release December data for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Overall inflation is expected to add 0.3 percent on year, slowing from 0.8 percent in November. Core CPI is tipped to fall an annual 0.8 percent, down from 0.9 percent in the...

Hong Kong's unemployment rate held steady for an eighth month in a row in December, figures from the Census and Statistics Department showed on Thursday. The seasonally adjusted jobless rate was 2.8 percent in the October to December period, in line with economists' expectations. The rate has...

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