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The Bank of Korea left its key interest rates unchanged on Friday as sluggishness in the domestic economy eased somewhat. The Monetary Policy Board of the Bank of Korea decided to maintain the base rate at 1.25 percent. The bank had reduced the rate by 25 basis points each in July and October 2019....

Japan's tertiary industry activity rose at a faster-than-expected pace in November, data from the Ministry of Economy, Trade and Industry showed on Friday. The tertiary industry activity index rose 1.3 percent month-on-month in November. Economists had forecast 1.0 percent rise. Among the major...

Singapore's non-oil domestic exports increased unexpectedly in December, data from Enterprise Singapore showed on Friday. Non-oil domestic exports increased 2.4 percent year-on-year in December, following a 5.9 percent decline in November. Economists had expected a 2.0 percent drop. Electronic...

chinagdp1-jan17.jpg China's economy expanded at the slowest pace since 1990 as cooling domestic demand and property investment amid trade wars with the United States weighed heavily on growth last year. In the whole year of 2019, gross domestic product grew 6.1 percent, which was well within the target of 6-6.5 percent, data from the National Bureau of Statistics showed Friday.

Corrected second para China's economy expanded at a steady pace in the fourth quarter of 2019, data from the National Bureau of Statistics showed Friday. Gross domestic product grew 6.0 percent year-on-year in the fourth quarter, the same rate as seen in the third quarter and in line with expectations....

The manufacturing sector in New Zealand fell into contraction ion December, the latest survey from BuzinessNZ showed on Friday with a PMI score of 49.3. That's down from the downwardly revised 51.2 reading in November (originally 51.4) and it slips beneath the boom-or-bust line of 50 that separates...

China is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are Q4 numbers for gross domestic product, as well as December figures for industrial production, retail sales, fixed asset investment and unemployment. GDP is forecast to have...

China's bank lending decreased more-than-expected in December, data from the People's Bank of China revealed on Thursday. Banks extended CNY 1.14 trillion loans in December compared to CNY 1.39 trillion lending in November. This was below the forecast of CNY 1.2 trillion. Meanwhile, total social...

Australia's new home loan commitment increased in November, the Australian Bureau of Statistics reported Thursday. New loan commitment of owner-occupied houses grew 1.6 percent month-on-month in November, but slower than the forecast of 1.8 percent. "Growth in the value of new loan commitments...

China's house prices increased at a slower pace in December, data from the National Bureau of Statistics showed on Thursday. House prices in the first-tier cities, namely Beijing, Shenzhen, Shanghai and Guangzhou grew 0.2 percent versus 0.6 percent in November. Prices in tier-2 cities gained 0.3...

Core machine orders in Japan jumped a seasonally adjusted 18.0 percent on month, the Cabinet Office said on Thursday - coming in at 942.7 billion yen. That blew past expectations for an increase of 2.9 percent following the 6.0 percent slide in October. On a yearly basis, core machine orders climbed...

Producer prices in Japan were down 0.1 percent on month in December, the Bank of Japan said on Thursday - in line with expectations and slowing from 0.2 percent in November. On a yearly basis, producer prices were up 0.9 percent - again matching forecasts and up from 0.1 percent in the previous month. Export...

Japan will on Thursday release November numbers for core machine orders, highlighting a busy day for Asia-Pacific economic activity. Core machine orders are projected to add 3.0 percent on month but fall 5.4 percent on year after skidding 6.0 percent on month and 6.1 percent on year in October. Japan...

newzealandcpi-071510.jpg The total value of overall credit card spending in New Zealand fell a seasonally adjusted 0.6 percent on month, Statistics New Zealand said on Thursday - after climbing a downwardly revised 0.9 percent in November (originally 1.0 percent). The value of retail credit card sales fell 0.8 percent or...

The total value of overall credit card spending in New Zealand was down a seasonally adjusted 0.6 percent on month, Statistics New Zealand said on Thursday - after climbing a downwardly revised 0.9 percent in November (originally 1.0 percent). The value of retail credit card sales fell 0.8 percent...

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