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Risks to financial stability such as high household debt, warrants continued monitoring, while property sector risks have abated, minutes of the Bank of Thailand August 7 rate-setting session revealed on Wednesday. "Financial system risks still posed vulnerabilities to financial stability," the minutes...

New Zealand's credit card spending declined in July, figures from Reserve Bank of New Zealand showed on Wednesday. Credit card spending fell to 1.8 percent month-on-month in July, reversing a 1.5 percent increase in June. This was the first fall in four months. Domestic billing dropped 2.0 percent...

A decisive rate cut in August has reduced the need for unconventional tools, Reserve Bank of New Zealand Assistant Governor Christian Hawkesby said at a panel discussion in Manila. "Decisive action now gave inflation the best chance to lift earlier, reducing the probability that unconventional tools...

Australia's leading index moved above trend since November last year, signaling that the economy is set to grow around trend for the last three or four months of 2019 and well into the first half of next year, data from Westpac showed Wednesday. The six month annualized growth rate in the Westpac-...

New Zealand will on Wednesday release July figures for credit card spending, highlighting a light day for Asia-Pacific economic activity. In June, credit card spending was up 1.5 percent on month and 6.6 percent on year. Australia will see July numbers for skilled vacancies and for the leading economic...

Hong Kong's consumer price inflation remained unchanged in July, data from the Census and Statistics Department showed on Tuesday. The consumer price index rose 3.3 percent year-on-year in July, which was the same rate as seen in June. Economists had expected a 3.0 percent rise. Netting out the...

Taiwan's export orders decreased further in July, but at a slower-than-expected pace, as the foreign demand for machinery and basic metals plummeted, figures from the Ministry of Economic Affairs showed on Tuesday. Export orders fell 3 percent year-on-year in US dollar terms in July, which was much...

australiacentralbank-082019.jpg The Reserve Bank of Australia would consider further monetary easing if needed to underpin sustainable growth and inflation and reviewed various unconventional policy loosening measures, according to the minutes of the meeting held in August. At the meeting, policymakers assessed it appropriate to view the developments in both global and domestic economies before cutting rates further.

The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on August 6, highlighting a light day for Asia-Pacific economic activity. At the meeting, the RBA left its key interest rate unchanged at a record low of 1.00 percent after cutting the rate by 25 basis...

Hong Kong's jobless rate rose marginally during the May to July period, data from the Census and Statistics Department showed on Monday. The unemployment rate rose to 2.9 percent during the May to July period from 2.8 percent in the April to June period. The underemployed rate remained unchanged...

thailandgdp-081919.jpg Thailand's economic growth outlook was downgraded further after the economy logged its weakest growth in five years in the second quarter due to subdued domestic demand and exports. Gross domestic product expanded 2.3 percent year-on-year in the second quarter, slower than the 2.8 percent increase seen in the first quarter, the National Economic and Social Development Council said Monday.

Thailand's economic growth decelerated to a five-year low in the second quarter, the National Economic and Social Development Council said Monday. Gross domestic product expanded 2.3 percent year-on-year in the second quarter, slower than the 2.8 percent increase seen in the first quarter. This was...

Japan posted a merchandise trade deficit of 249.6 billion yen in July, the Ministry of Finance said on Monday. That missed expectations for a shortfall of 194.5 billion yen following the 589.5 billion yen deficit in June. Exports were down 1.6 percent on year, topping forecasts for a decline of...

newzealandcpi-071510.jpg Producer price inputs in New Zealand climbed 0.3 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Monday - following the 0.9 percent drop in the three months prior. Producer price outputs advanced 0.5 percent on quarter after sliding 0.5 percent in the previous three...

Producer price inputs in New Zealand were up 0.3 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Monday - following the 0.9 percent drop in the three months prior. Producer price outputs advanced 0.5 percent on quarter after sliding 0.5 percent in the previous three...

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