Asian Economic News

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Malaysia's leading index, which measures the future economic activity, dropped for the second straight month in June, data from the Department of Statistics showed Thursday. The leading index fell to 116.5 in June from 117.0 in the previous month. Among the components, real imports of other basic...

Taiwan's unemployment rate fell for the fourth straight month in July, data from the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Friday. The unemployment rate dropped to a seasonally adjusted 3.95 percent in July from 3.97 percent in June. Economists had forecast a 3.96...

Hong Kong's consumer prices increased at a faster rate in July, defying expectations of a slow-down, a report from the Census and Statistics Department showed Thursday. Consumer prices rose 4 percent year-over-year in July following the 3.6 percent growth in June. Economists had expected prices to...

Japan's supermarket sales continued to fall in July, a report from the Chain Store Association showed Thursday. Supermarket sales after adjustment fell by a seasonally adjusted 2.1 percent year-over-year in July after posting a 2.8 percent drop in June. Before store adjustment, sales gained 0.8 percent...

Credit card spending in New Zealand increased at a slower rate in July, figures from the Reserve Bank of New Zealand showed Thursday. Total credit card billing rose by a seasonally adjusted 4.5 percent year-over-year in July following the 6 percent rise in June. Billing on New Zealand-issued cards...

china1-230913.jpg The manufacturing sector in China continued to expand in August, although it slowed dramatically, the latest flash purchasing managers' index from HSBC revealed on Thursday - with a three-month low score of 50.3. That was well shy of forecasts for a score of 51.5 and down sharply from 51.7 in July. A...

Consumer confidence in New Zealand declined in August, reversing the increase in the recent months, the results of a survey by ANZ Bank and Roy Morgan Bank showed Thursday. The ANZ-Roy Morgan consumer confidence index fell to 125.5 in August from 132.7 in July. The index measuring future household...

japanindustry-032910.jpg The manufacturing sector in Japan continued to expand at an accelerating pace in August, the latest flash purchasing managers' index from Markit Economics revealed on Thursday - with a score of 52.4. That handily beat forecasts for a score of 51.5 following the 50.5 reading in July. A score above...

The manufacturing sector in China continued to expand in August, although it slowed dramatically, the latest flash purchasing managers' index from HSBC revealed on Thursday - with a score of 50.3. That was well shy of forecasts for a score of 51.5 and down sharply from 51.7 in July. A score above...

The manufacturing sector in Japan continued to expand at an accelerating pace in August, the latest flash purchasing managers' index from Markit Economics revealed on Thursday - with a score of 52.4. That handily beat forecasts for a score of 51.5 following the 50.5 reading in July. A score above...

trade.jpg The Australian economy is continuing its modest recovery, the Conference Board said on Thursday as its leading economic index was up 0.4 percent in the month of June. That follows the 0.2 percent increase in May and the 0.1 percent decline in April. During the six-month period through June, the leading...

The Australian economy is on pace to continue its modest recovery, the Conference Board said on Thursday as its leading economic index was up 0.4 percent in the month of June. That follows the 0.2 percent increase in May and the 0.1 percent decline in April. During the six-month period through June,...

NewZealandcpi-071510.jpg The number of visitor arrivals in New Zealand hit 196,900 in July, Statistics New Zealand said on Thursday - a record for the month of July. In the year to July, visitor arrivals numbered 2.80 million, up 6 percent on year. New Zealand's top four sources of visitors were Australia, China, the United...

The number of visitor arrivals in New Zealand topped 196,900 in July, Statistics New Zealand said on Thursday - a record for the month of July. In the year to July, visitor arrivals numbered 2.80 million, up 6 percent on year. New Zealand's top four sources of visitors were Australia, China, the United...

China will on Thursday see preliminary August results for the HSBC manufacturing purchasing managers' index, highlighting a modest day for Asia-Pacific economic activity. The manufacturing PMI is expected to show a score of 51.5, down from 51.7 in July. Japan also will see manufacturing PMI results...