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Malaysia's unemployment rate fell marginally in October, data from the Department of Statistics reported on Friday. The jobless rate fell to 3.2 percent in October from 3.3 percent in September. In the same period last year, unemployment rate was 3.3 percent. On a seasonally adjusted basis, jobless...

Japan's industrial production declined more than initially estimated in October, final data from the Ministry of Economy, Trade and Industry showed on Friday. Industrial production fell 4.5 percent month-on-month in October. According to the initial estimate, production had decreased 4.2 percent. On...

The Bank of Japan will on Friday see Q4 results for its quarterly Tankan Survey of business sentiment, highlighting a modest day for Asia-Pacific economic activity. The large manufacturers index is expected to see a score of +3, down from +5 in Q3. The outlook is expected to rise to +4 from +2. All...

India's consumer price inflation accelerated more-than-expected in November driven by food prices, data from the statistics ministry showed Thursday. Another official data showed that industrial output declined in October largely reflecting weakness across all sectors. Consumer prices increased...

The Philippines' central bank left its key interest rate unchanged on Thursday for a second straight session, citing subdued inflation. The Monetary Board of the Bangko Sentral ng Pilippinas, or BSP, decided to leave the overnight reverse repurchase facility rate unchanged at 4.00 percent. The move...

Singapore retail sales declined at a faster rate in October, data from the Department of Statistics showed on Thursday. Retail sales declined 4.3 percent year-on-year in October, following a 2.1 percent fall in September. Economists had expected a 1.5 percent decrease. Motor vehicle sales decreased...

Uncertainties over the global outlook continue to warrant attention and the Bank of Japan is cautious about future developments, Masayoshi Amamiya, BoJ deputy governor said Thursday. However, there are signs of a pick-up in the global economy, he told business leaders in Okayama. The banker observed...

Malaysia's industrial production growth slowed in October driven by the weakness in mining, data from the Department of Statistics showed on Thursday. Industrial production rose 0.3 percent year-on-year in October, slower than 1.7 percent increase in September. Economists had expected a 2.0 percent...

New Zealand food prices declined for the second straight month in November, Statistics NZ reported Thursday. Food prices dropped 0.7 percent on a monthly basis, following a 0.3 percent fall in October. Data showed that fruit and vegetable prices decreased 3 percent and meat, poultry and fish prices...

The total value of core machine orders in Japan was down a seasonally adjusted 6.0 percent on month in October, the Cabinet Office said on Thursday - coming in at 798.8 billion yen. That missed forecasts for an increase of 0.7 percent following the 2.9 percent decline in September. On a yearly...

Japan is on Thursday scheduled to release October figures for core machine orders, highlighting a modest day for Asia-Pacific economic activity. Core machine orders are called higher by 0.7 percent on month and lower by 1.7 percent on year. That follows the 2.9 percent monthly slide and the 5.1 percent...

The Singapore economy is likely to expand slightly more than previously projected in 2019, according to the survey of professional forecasters from Monetary Authority of Singapore, released Wednesday. Gross domestic product is forecast to grow 0.7 percent this year, instead of 0.6 percent projected...

asiandevelopmentbank-sept25_10dec19.jpg The Asian Development Bank downgraded its growth projections citing challenging global environment. In the Asian Development Outlook 2019 Supplement, released Wednesday, the lender said developing Asia will grow 5.2 percent in both 2019 and 2020. The projection for 2019 was lowered from 5.4 percent and that for next year from 5.5 percent.

South Korea's unemployment rate rose marginally in November, figures from Statistics Korea showed on Wednesday. The jobless rate rose to a seasonally adjusted 3.6 percent in November from 3.5 percent in October. The rate was forecast to remain unchanged at 3.5 percent. In the same period last year,...

Australia's consumer sentiment weakened in December in consistent with sharp decline in consumer spending in the third quarter, survey data from Westpac showed on Wednesday. The Westpac-Melbourne Institute Index of Consumer Sentiment declined 1.9 percent to 95.1 in December. All components of the...

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