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Producer prices in Japan were up 0.2 percent on month in December, the Bank of Japan said on Tuesday. That missed forecasts for an increase of 0.4 percent following the upwardly revised 0.5 percent gain in November (originally 0.4 percent). On a yearly basis, producer prices jumped 3.1 percent...

Overall credit card spending in New Zealand was up a seasonally adjusted 0.5 percent on month in December, Statistics New Zealand said on Tuesday. That was shy of expectations for an increase of 0.4 percent following the 1.4 percent gain in November. Retail credit card spending was up 0.5 percent...

cryptocurrencies1-011518.jpg South Korean authorities have slightly eased their stance against cryptocurrencies as recent comments from the government suggested that a proposed ban on digital currency exchanges is not likely in the near future. The Singapore central bank chief was positive regarding the future for blockchain, but...

BankIndonesia-cryptocurrency-011518.jpg Indonesia's central bank issued a warning against cryptocurrencies on Saturday, saying they were highly risky, and joining its counterparts in other countries in raising concern over the excessive price surge in the unregulated digital currency market.

RaviMenon-Bitcoin-011518.jpg Ravi Menon, who is the chief of the Singapore's de facto central bank, expressed hope on Monday that technologies underpinning cryptocurrencies and the blockchain would survive a crash in the former, news agency Reuters reported.

The disinflationary effects of globalization may not persist for much longer, Monetary Authority of Singapore Managing Director Ravi Menon said Monday. With populist measures, it is unlikely the trend will continue at the same pace, he said at the UBS Wealth Insights Conference. However, the banker...

India's wholesale price inflation slowed at the end of 2017, data from Ministry of Commerce & Industry showed Monday. Wholesale prices climbed 3.58 percent year-on-year in December, slower than the 3.93 percent increase seen in November. The rate was forecast to rise to 4 percent in December. Nonetheless,...

The Bank of Japan raised its economic view of three out of nine regions from its previous assessment in October. In its quarterly Regional Economic Report released Monday, the bank said the Tohoku region's assessment was upgraded due to increased production in general-purpose, production and business...

Indonesia's exports and imports grew less than expected in December, data from statistics bureau revealed Monday. Exports rose 6.93 percent year-over-year in December, well below the 13.85 percent growth economists had forecast. Imports surged 17.83 percent in December from a year ago, slower than...

The International Monetary Fund's First Deputy Managing Director David Lipton said China should address own shortcomings on trade and investment. At the Asian Financial Forum, he said globalization will not receive sustained global support unless it is based on free and fair trade and investment practices....

Japan's M2 money supply growth eased for the second straight month in December, preliminary data from Bank of Japan showed Monday. The M2 money stock climbed 3.6 percent year-over-year in December, slower than November's 4.0 percent rise. Meanwhile, economists had expected the growth to remain...

New Zealand's food prices declined for the fourth straight month in December, figures from Statistics New Zealand showed Monday. Food prices dropped 0.8 percent month-over-month in December, faster than the 0.4 percent fall in November. Grocery food and seasonally cheaper fruit and vegetables were...

Japan will on Monday release December data for M2 and M3 money stock, highlighting a modest day for Asia-Pacific economic news. The M2 money stock is expected to hold steady at 4.0 on year, while M3 is called unchanged at 3.4 percent. Japan also will provide preliminary December numbers for machine...

cryptocurrencies-011218.jpg Cryptocurrency prices have rebounded after the fears of a severe crackdown by South Korean authorities waned as comment's from the country's finance minister suggested that the proposal to ban digital currency exchanges need more consultations and would take lot of time to materialize. Meanwhile, a deal between the blockchain-based payment processing network Ripple and MoneyGram propped up XRP.

India's industrial production in November grew at a pace that nearly double than the rate economists had expected, thanks to robust expansion in manufacturing. The index of industrial production rose 8.4 percent year-on-year in November, the statistics ministry said Friday, which was much higher...

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