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Taiwan's economy grew slower than initially estimated in the first quarter and the government forecast slower growth for the year, a report from the Directorate General of Budget, Accounting & Statistics showed Friday. Gross domestic product grew 3.37 percent in the first quarter from last year, revised...

BoJ-052215.jpg The Bank of Japan refrained from easing monetary stimulus further as policymakers assessed that faster economic growth in the first quarter warrants no more immediate actions. The Policy Board of the BoJ governed by Haruhiko Kuroda decided by an 8-1 majority vote to maintain its target of raising the monetary base at an annual pace of about JPY 80 trillion.

Sri Lanka's central bank kept its key rates at record lows, as expected in May, following the reduction in policy rates by 50 basis points in April, the monetary policy statement released by the Central Bank of Sri Lanka showed on Friday. The Monetary Board of the Central Bank of Sri Lanka maintained...

The leading index for Malaysia, which measures the future economic activity, increased in March, after falling in the previous two months, survey data from the Department of Statistics showed Friday. The leading index rose by 1.2 percent month-over-month to 119.3 in March from 117.9 in February. At...

Malaysia's consumer price inflation accelerated at a slower-than-expected pace in April, figures from the Department of Statistics showed Friday. The consumer price index rose 1.8 percent year-over-year in April, faster than previous month's 0.9 percent climb. Economists had expected a 2.2 percent...

The Bank of Japan kept its monetary policy unchanged, as expected, on Friday. The bank decided by an 8-1 majority vote to maintain its target of raising the monetary base at an annual pace of about JPY 80 trillion. The bank also left its asset purchase policy unchanged. The bank's view on the domestic...

Taiwan's jobless rate remained unchanged in April, in line with expectations, figures from the Directorate General of Budget and Statistics, or DGBAS, showed Friday. The seasonally adjusted unemployment rate was 3.75 percent in April, the same as in March. This was in line with expectations. However,...

A leading economic index for China accelerated in April, the latest survey from the Conference Board showed on Friday - rising 1.1 percent. That follows the upwardly revised 0.5 percent increase in March (originally 0.2 percent) and the 1.4 percent jump in February. The coincident index was unchanged...

Consumer confidence in New Zealand skidded in May, the latest survey from ANZ Bank revealed on Friday - as its index dropped 3.8 percent to a score of 123.9. The May reading marks the first decline in three months, and it follows the 3.4 percent jump in April to a reading of 128.8. A score greater...

The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a bust day in Asia-Pacific economic news. The central bank is widely expected to keep rates on hold at 0.1 percent, although the bank may decide to introduce some form...

Standard & Poor's Ratings Services raised its rating outlook on Indonesia to positive from stable citing improved policy credibility on monetary and financial sector management. The agency affirmed the rating at 'BB+'. The positive outlook indicates the possibility that its rating could be raised...

Hong Kong's consumer price inflation eased at a faster-than-expected pace in April to reach its lowest level in nearly three years, figures from the Census and Statistics Department showed Thursday. Overall composite consumer prices rose 2.8 percent year-over-year in April, much slower than previous...

Commenting on the HSBC China manufacturing PMI report, Capital Economics said the Chinese growth outlook appears to be improving, at least in the near term, as further policy support measures are likely in coming months. HSBC/Markit's manufacturing purchasing managers' index (PMI) rebounded to 49.1...

NewZealand-Budget-052115.jpg New Zealand is on track to see a budgetary deficit this fiscal year and would be in a position to post a surplus only by fiscal year 2015-16, according to the budgetary statement released by the Treasury on Thursday. The budgetary balance is expected to turn to a surplus of NZ$156 million in 2015-2016, with the surplus expected to rise to NZ$3.6 billion in 2018-2019.

Japan's all industry activity declined at a faster-than-expected pace in March, figures from the Ministry of Economy, Trade and Industry showed Thursday. The all industry activity index fell 1.3 percent month-over-month in March, reversing a 0.2 percent increase in the previous month. It was the...

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