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china trade 071317 14jul20 China's exports grew unexpectedly in June as easing of the coronavirus containment measures in most of the developed economies boosted foreign demand, data showed Tuesday. In dollar terms, exports climbed 0.5 percent on a yearly basis in June, the General Administration of Customs reported. Economists had forecast an annual fall of 1.5 percent after falling 3.3 percent in May.

Japan industrial production declined more than estimated in May, final data from the Ministry of Economy, Trade and Industry showed on Tuesday. Industrial production fell a seasonally adjusted 8.9 percent month-on-month in May. According to initial estimate, production was down 8.4 percent. On...

Malaysia's unemployment rate rose for the fourth straight month in May, data from the Department of Statistics showed on Tuesday. The jobless rate rose to 5.3 percent in May from 5.0 percent in April. The rate has risen steadily from 3.2 percent in January. The number of unemployed increased by...

Australia's business confidence and conditions rebounded in June, survey data from National Australia Bank showed Tuesday. The business confidence index rose 21 points to 1 from -20 in May. Business confidence turned positive after rebounding sharply from record lows over the past 3 months. Confidence...

China's exports grew unexpectedly in June, data from the General Administration of Customs revealed Tuesday. Exports grew 0.5 percent on a yearly basis in June. Economists had forecast an annual fall of 1.5 percent. Likewise, imports increased 2.7 percent annually, confounding expectations for...

singaporegdp 071219 Singapore's gross domestic product plummeted a seasonally adjusted annualized 41.2 percent on quarter in the second quarter of 2020, the Ministry of Trade and Industry said in Tuesday's advance estimate - with the fall owing largely to the COVID-19 pandemic. That missed forecasts for a drop of 37.4...

Singapore's gross domestic product tumbled a seasonally adjusted 41.2 percent on quarter in the second quarter of 2020, the Ministry of Trade and Industry said in Tuesday's advance estimate. That missed forecasts for a drop of 37.4 percent following the upwardly revised 3.3 percent contraction in...

Singapore will on Tuesday see an advance estimate for Q2 gross domestic product, headlining a modest day for Asia-Pacific economic activity. GDP is expected to plummet 37.4 percent on quarter and 10.5 percent on year after slipping 4.7 percent on quarter and 0.7 percent on year in the previous three...

India's consumer prices increased more than expected in June largely driven by higher food prices, data from the National Statistical Office revealed Monday. Consumer prices climbed 6.09 percent year-on-year in June, which was above economists' forecast of 5.3 percent. The government did not release...

Japan's tertiary industry activity declined for the fourth month in a row in May, data from the Ministry of Economy, Trade and Industry showed on Monday. Tertiary industry activity decreased 2.1 percent month-on-month in May, following a 7.7 percent fall in April. This was the fourth consecutive decline. Data...

Australia's unemployment rate is expected to rise amid the economic challenges, Treasurer Josh Frydenberg said Monday. The effective unemployment rate is about 13.3 percent, while the current official rate is 7.1 percent, he told reporters. "That is a large number of people reflecting the economic...

Food prices in New Zealand were up a seasonally adjusted 0.4 percent on month in June, Statistics New Zealand said on Monday. Unadjusted prices rose 0.5 percent on month. Individually, fruit and vegetable prices rose 3.9 percent (up 0.8 percent after seasonal adjustment), while meat, poultry, and...

Japan will on Monday see May results for its tertiary industry index, headlining a light day for Asia-Pacific economic activity. In April, the index tumbled 6.0 percent on month. China will release June figures for foreign direct investment; in May, FDI was down 3.8 percent on year. New Zealand...

China's bank lending increased in June as lower borrowing costs helped to lift demand for credit, data from the People's Bank of China showed Friday. Banks extended CNY 1.81 trillion loans in June. Economists had forecast bank lending to climb to CNY 1.8 trillion from CNY 1.48 trillion in May. The...

The Philippine exports and imports declined sharply in May, the Philippine Statistics Authority said Friday. Exports decreased 35.6 percent year-on-year in May, but slower than the 49.9 percent fall logged in April. At the same time, imports were down 40.6 percent, after declining 65.3 percent...

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