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Taiwan's unemployment rate dropped for a second consecutive month in October, figures from the Directorate General of Budget, Accounting and Statistics showed on Friday. The non-adjusted unemployment rate fell to 3.77 percent from 3.80 percent in September. The rate was the lowest since June, when...

China revised its nominal gross domestic product estimate for 2018 by 2.1 percent, on Friday. According to the National Bureau of Statistics, GDP totaled CNY 91.93 trillion in 2018. However, the NBS said it will not have any significant impact on the 2019 growth rate. The revised data showed that...

Australia's private sector showed a renewed fall in November following no change in October, survey results from IHS Markit showed Friday. The Commonwealth Bank of Australia flash composite output index fell to 49.5 in November from 50.0 in October. A score below 50 indicates contraction in the...

Japan's private sector continued to contract in November but moved closer to stagnation, survey data from IHS Markit showed Friday. The Jibun Bank flash composite output index rose to 49.9 in November from 49.1 in October. A score below 50 indicates contraction in the sector. October PMI data was...

Japan will on Friday release October nationwide numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity. Overall inflation is expected to add 0.3 percent on year, up from 0.2 percent in September. Core CPI is called at an annual 0.4 percent, up from 0.3 percent in...

Overall consumer prices in Japan were up 0.2 percent on year in October, the Ministry of Internal Affairs and Communications said on Friday. That was unchanged from the September reading, although it was shy of estimates for a gain of 0.3 percent. Core consumer prices, which exclude volatile food...

economic-outlook1_21nov19.jpg Weighed down by trade conflict, weak business investment and political uncertainty, the global economy is set to expand at the slowest pace since the financial crisis this year, the Organisation for Economic Co-operation and Development, or OECD, said Thursday. World GDP growth is forecast to be 2.9 percent in 2019, its lowest annual rate since the financial crisis.

bankindonesia-nov15_21nov19.jpg Indonesia's central bank left the key interest rate unchanged on Thursday after four consecutive cuts, but slashed the reserve requirement ratio for banks to ensure liquidity for the banking system, and thus boost lending to support economic growth. The Board of Governors of Bank Indonesia, led by Governor Perry Warjiyo, decided to leave the 7-day reverse repo rate at 5.00 percent.

France manufacturing confidence improved in November, data from the statistical office Insee showed Thursday. The manufacturing confidence index rose marginally to 100 in November, in line with expectations, from 99 in October. Industrialists opinion on past production as well as personal production...

Japan's all industry activity rose in September, figures from the Ministry of Economy, Trade and Industry showed on Thursday. The all industry activity index rose 1.5 percent month-on-month in September, after remaining unchanged in August. This was in line with economists' expectations. Among...

New Zealand's credit card spending declined for the second straight month in October, figures from Reserve Bank of New Zealand showed on Thursday. Credit card spending fell to 1.5 percent month-on-month in October, following a 0.1 percent decrease in September. In August, credit card spending had...

singaporegdp-aug13_20nov19.jpg The Singapore economy expanded more than estimated in the third quarter as the manufacturing sector contracted at a slower pace on the back of biomedical manufacturing. Gross domestic product grew 0.5 percent on a year-on-year basis in the third quarter, slightly faster than the 0.2 percent growth in the previous quarter and the advance estimate of 0.1 percent.

New Zealand will on Thursday release October numbers for credit card spending, highlighting a modest day for Asia-Pacific economic activity. In September, electronic spending was down 0.1 percent on month and up 4.8 percent on year. Japan will see September results for its all industry activity index...

Singapore wholesale trade rose in the third quarter, figures from the Department of Statistics showed on Wednesday. At current prices, domestic wholesale sales grew a seasonally adjusted 2.1 percent quarter-on-quarter, after a 1.6 percent fall in the previous quarter. Excluding petroleum, domestic...

China current account deficit is likely to move into structural deficit over the next decade, posing risks to financial stability and credit quality, Moody's Investors Service said Wednesday. In a new report released today, Moody's said the credit implications will depend on the size of the deficit...

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