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Japan will on Monday see final March numbers for its leading and coincident economic indexes, highlighting a modest day for Asia-Pacific economic activity. The coincident index is tipped to show a score of 90.5, down from 95.4 in the previous reading. The leading index is pegged at 83.8, down from...

Taiwan's unemployment rate increased for the third straight month in April, figures from the Directorate General of Budget, Accounting and Statistics showed on Friday. The non-adjusted unemployment rate rose to 4.03 percent in April from 3.72 percent in March. In the same month last year, the...

likeqiangchina may22 The Chinese government dropped setting economic growth target for the first time and placed job creation as top priority as coronavirus, or Covid-19, pandemic has ravaged the outlook. At the annual session of the National People's Congress in Beijing, Premier Li Keqiang said the country will face some factors that are difficult to predict in its development due to the great uncertainty regarding

bankofjapan july30 22may20 The Bank of Japan introduced a new lending program to help financing small and medium-sized firms struggling to operate amid the spread of the novel coronavirus, or Covid-19, but left its target for short-term interest rate and the bond yield target unchanged. At the emergency meeting on Friday, the Policy Board of the BoJ unanimously decided to launch a lending scheme worth about JPY 30 trillion.

rbi 040617 22may20 India's central bank cut its key policy rate for a second time this year in a non-scheduled move on Friday and extended some stimulus measures to reduce the economic impact of the coronavirus or Covid-19, and the consequent lockdown, as it expects the economy to contract this fiscal year.

australia may22 Fitch Ratings downgraded Australia's rating outlook citing the impact the global coronavirus, or Covid-19, pandemic on the economy and public finances. The rating agency affirmed Australia's sovereign ratings at 'AAA' but lowered the outlook to 'negative' from 'stable'. GDP is forecast to fall 5 percent this year due to the coronavirus containment measures.

The Chinese government dropped setting economic growth target for the first time amid uncertainties posed by the coronavirus, or Covid-19, pandemic. At the annual session of National People's Congress in Beijing, Premier Li Keqiang said the country will face some factors that are difficult to predict...

The Bank of Japan introduced a new lending program to help small and medium-sized firms and left its target for short-term interest rate and the bond yield target unchanged on Friday. At the emergency meeting, the policy board of the BoJ unanimously decided to launch a lending scheme worth about JPY...

Consumer prices in Japan were up just 0.1 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday - matching forecasts and slowing from the 0.4 percent increase in March. Core consumer prices, which exclude volatile food costs, fell an annual 0.2 percent on year...

newzealandcpi 071510 The total volume of retail sales in New Zealand dropped a seasonally adjusted 0.7 percent on quarter, Statistics New Zealand said on Friday - following the downwardly revised flat reading in the three months prior (originally a 0.7 percent increase). Eight of the 15 industries had lower sales volumes...

The total volume of retail sales in New Zealand was down a seasonally adjusted 0.7 percent on quarter, Statistics New Zealand said on Friday - following the downwardly revised flat reading in the three months prior (originally a 0.7 percent increase). The value of retail sales (with price effects...

The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is expected to leave its benchmark lending rate unchanged at-0.1 percent. Japan also will see April figures for...

Hong Kong's consumer price inflation eased in April to its lowest level in three months, data from the Census and Statistics Department showed on Thursday. The consumer price index rose 1.9 percent year-on-year in April, after a 2.3 percent increase in March. The inflation rate was the lowest since...

reservebankofaustralia 200619 21may20 Reserve Bank of Australia Governor Philip Lowe said the economic outlook remains unusually uncertain despite fiscal and monetary policy measures taken to combat the downturn caused by the coronavirus, or Covid-19, pandemic. The measures taken by the central bank in March are working as expected. The bank is prepared to scale up bond purchases again if necessary.

New Zealand's credit card spending declined sharply in April, figures from the Reserve Bank of New Zealand showed on Thursday. Overall credit card spending decreased 49.4 percent year-on-year in April, following a 9.4 percent drop in the previous month. On a monthly basis, credit card spending...

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