Hong Kong inflation accelerated in April mainly due to a surge in prices of fresh vegetables, a report from the Census and Statistics Department showed Tuesday.
The composite consumer price index rose at a faster-than-expected pace of 4 percent year-on-year in April, following a 3.6 percent rise...
Japan's supermarket sales declined 1.9 percent year-on-year in April, the Japan Chain Stores Association said Tuesday. The annual decline reversed the 1.7 percent increase in March.
Before store adjustment, sales grew 0.3 percent.
Citing revival in exports and factory output, the Japanese government...
Malaysia's unemployment rate rose to 3.3 percent in March from 3 percent in February, data from the Department of Statistics showed Tuesday. The rate was higher than the 2.9 percent seen in March 2012.
The number of unemployed persons increased to 439,600 from 398,600 in February, up 41,000.
The...
New Zealand's credit card spending increased in April, recovering from a decline in the previous month, the latest data released by the Reserve Bank of New Zealand showed Tuesday.
Card spending rose 0.4 percent month-on-month in April following a 0.3 percent fall in the preceding month. Year-on-year,...
New Zealand's inflation expectations sank its lowest level in nearly fourteen years in the June quarter of 2013, a survey by the central bank showed Tuesday.
Two-year ahead expectations for year-on-year growth in the consumer price index fell to 2.06 percent from 2.17 percent projected in the March...
Members of the Reserve Bank of Australia's monetary policy board decided that it was appropriate to trim the nation's benchmark interest rate in order to spur economic growth, minutes from the RBA's May 8 meeting revealed on Tuesday. Economic growth is expected to come in slightly below trend, the RBA said, strengthening the case for a rate cut.
The Conference Board's Index of Leading Economic Indicators for Australia increased by 0.1 percent in March, the Board reported Tuesday.
It marked the third straight monthly Leading Index gain.
The board said gains from building approvals, money supply and the yield spread more than offset a negative...
The Reserve Bank of Australia is on Tuesday scheduled to release the minutes from its monetary policy meeting on May 8, highlighting a modest day for Asia-Pacific economic activity.
At the meeting, the RBA surprised by trimming the benchmark interest rate by 25 basis points, from 3.00 percent to 2.75...
Taiwan's current account deficit remained almost unchanged in the first quarter of 2013 from a year earlier, data from the central bank revealed Monday.
The current account ran a surplus of $11.09 billion during the period, compared with $11.06 billion surplus last year. This, however, was lower...
Unemployment rate in Hong Kong remained at 3.5 percent in February-April, unchanged from the January-March period, the latest figures from the Census and Statistics Department showed Monday.
The number of unemployed persons increased to 133,500 in February-April from 132,500 in January - March. Total...
Taiwan's export orders declined less than expected by economists in April, the latest figures from the Ministry of Economic Affairs showed Monday.
The value of total export orders fell 1.1 percent year-on-year in April compared with a 1.9 percent drop forecast. Compared to March, orders fell 0.4...
Thailand lowered its full-year growth outlook after weaker domestic demand and exports weighed on economic activity in the first three months of the year. Gross domestic product expanded 5.3 percent year-on-year in the first quarter of 2013 compared to an upwardly revised 19.1 percent growth in the fourth quarter of 2012, the National Economic and Social Development Board (NESDB) said Monday.
The Japanese government on Monday upgraded its assessment of the economy for the first time in two months, as a weak yen helped revive the country's exports and factory output. "The Japanese economy is picking up slowly," the Cabinet Office said in its May monthly report. This was an upgrade from previous month's assessment when it said that economy was showing signs of picking up.
A leading indicator for Japan's economic activity was revised up to show an increase in March from a month earlier, final data released by the Cabinet Office showed Monday.
The leading economic index rose to 97.9 in March from 97.4 in February. The readings for both March and February have been...
Thailand's economy expanded at a weaker pace in the first quarter, the latest figures from the National Economic and Social Development Board showed Monday.
The gross domestic product expanded 5.3 percent year-on-year in the first quarter of 2013 compared to 19.1 percent growth in the fourth quarter...