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South Korea's consumer confidence index came in at 103 in November, the Bank of Korea said on Wednesday - down from 105 in October. Consumer sentiment on current living standards was lower by one point than in October at 90, and that for outlook by two points at 97. Consumer sentiment regarding...

Singapore will on Wednesday release October figures for industrial output, highlighting a light day for Asia-Pacific economic activity. Analysts are looking for an increase of 2.7 percent on month and a gain of 0.5 percent on year following the 3.3 percent monthly decline and the 1.2 percent yearly...

OECD-112514.jpg A prolonged stagnation in the euro area could hurt global growth and stronger policy responses are needed to avoid such risks, the Organisation for Economic Co-operation and Development (OECD) said Tuesday. In its latest Economic Outlook, the Paris-based think tank said any prolonged stagnation in the euro area could drag down global growth.

Hong Kong's export growth slowed more-than-expected in October as demand from the EU and Japan remained weak, data from the Census and Statistics Department showed Tuesday. Exports rose 2.7 percent year-on-year in October, much slower than September's 4.5 percent growth. Economists had forecast a...

Philip Lowe, Deputy Governor of Reserve Bank of Australia said the exchange rate of the Australian dollar is "unusually high" but he expects to see the currency to correct. "If the exchange rate is to play its important stabilizing role, it needs to go down when the terms of trade and investment...

Singapore's non-oil domestic exports rose in the third quarter after contracting in the previous two quarters, a report from the International Enterprise Singapore showed Tuesday. NODX climbed 1.1 percent year-on-year in the third quarter, in contrast to a 3.4 percent decline in the previous quarter....

Japan's government maintained its economic assessment but cautioned about private spending. In its monthly report released Tuesday, the Cabinet Office reiterated that the Japanese economy is on a moderate recovery. The government downgraded its view over the last two consecutive months. But it...

The People's Bank of China lowered its 14-day repo rate following the interest rate cut Friday. The central bank trimmed the 14-day repurchase agreement rate by 20 basis points to 3.20 percent. The bank has so far reduced the repo rates three times this year. Today, the bank offered only CNY 5...

Two-year ahead inflation expectations in New Zealand eased to 2.06 percent in the fourth quarter from 2.23 percent estimated three months ago, a quarterly survey published by the Reserve Bank of New Zealand showed Tuesday. Inflation expectations for one-year fell to 1.59 percent from 1.96 percent,...

Malaysia's unemployment rate remained unchanged in September amid a decline in the number of unemployed individuals, an increase in the number of employed persons and an increase in the participation rate, figures from the Department of Statistics showed Friday. The jobless rate stood at 2.7 percent...

Bank of Japan Governor Haruhiko Kuroda said hoarding cash and deposits will become costly in the process of converting the deflationary mindset. "As a corporate strategy, using their profits in a more productive manner is imperative," he told business leaders in Nagoya on Tuesday. He noted steady...

Philippines imports declined unexpectedly in September after rising in the previous two months, preliminary figures from the Philippine Statistical Authority showed Tuesday. Total imports dropped 2.6 percent year-on-year in September, in contrast to a 0.9 percent rise seen in the previous month. Economists...

The Bank of Japan will on Tuesday release the minutes from its monetary policy meeting on October 31, highlighting a busy day for Asia-Pacific economic activity. At the meeting, the BoJ expanded its massive quantitative and qualitative easing in a 5-4 vote, raising the monetary base at an annual pace...

Taiwan's industrial production grew more than expected in October, data from the Ministry of Economic Affairs showed Monday. Industrial production advanced 8.97 percent in October from the prior year. Economists had forecast output to grow only 7.5 percent. On a monthly basis, production was up 3.3...

Optimism among companies declined sharply to the lowest level seen since the survey began five years ago, Global Business Outlook survey from Markit Economics showed Monday. The number of companies that expect activity to be higher in a year's time exceeded the number expecting a decline by about...