logo

Asian Economic News

Share

Japan's housing starts rose sharply in March, climbing for the fourth consecutive month, data from the Ministry of Land, Infrastructure, Transport and Tourism showed on Friday. Housing starts advanced 10 percent in March year-on-year, following a 4.2 percent increase in February. Economists had forecast...

Singapore's unemployment rate was unchanged in the first quarter of this year, after rising in the previous three months, data from the Ministry of Manpower showed on Friday. The overall jobless rate was 2.2 percent in the first quarter, same as in the previous three months. The unemployment...

Singapore's industrial production decreased for the first time in fifteen months during March, preliminary data from the Economic Development Board showed on Friday. Manufacturing output dropped 4.8 percent year-on-year following a 2.6 percent increase in February. Economists had forecast a 4.6 percent...

Retail sales in Japan were up a seasonally adjusted 0.2 percent on month in March, the Ministry of Economy, Trade and Industry said on Friday. That beat expectations for a flat reading and was down from the 0.4 percent increase in February. On a yearly basis, retail sales climbed 1.0 percent -...

Industrial output in Japan was down a seasonally adjusted 0.9 percent on month in March, the Ministry of Economy, Trade and Industry said in Friday's preliminary reading. That missed expectations for a flat reading following the 0.7 percent increase in February. On a yearly basis, industrial production...

Overall consumer prices in the Tokyo area were up 1.4 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday. That exceeded expectations for a rise of 1.1 percent and was up sharply from 0.9 percent in March. Core CPI, which excludes volatile food prices, advanced...

The jobless rate in Japan came in at a seasonally adjusted 2.5 percent in March, the Ministry of Internal Affairs and Communications said on Friday. That exceeded expectations for 2.4 percent and was up from 2.3 percent in February. The job-to-applicant ratio was 1.63 - unchanged and in line with...

newzealandcpi-071510.jpg New Zealand posted a merchandise trade surplus of NZ$922 million in March, Statistics New Zealand said on Friday - beating forecasts for NZ$131 million and up sharply from NZ$12 million in February. Exports were up 19.0 percent on month to a record NZ$5.70 billion, exceeding expectations for NZ$5.30...

New Zealand had a merchandise trade surplus of NZ$922 million in March, Statistics New Zealand said on Friday - beating forecasts for NZ$131 million and up sharply from NZ$12 million in February. Exports were up 19.0 percent on month to a record NZ$5.70 billion, exceeding expectations for NZ$5.30...

Consumer confidence in New Zealand improved in April, the latest survey from ANZ Bank revealed on Friday - rising 1.1 percent on month to a reading of 123.2. That follows the 0.8 percent gain in March to 121.8. Consumers' perceptions of their current financial situation rose 2 points to a net 14...

Japan is scheduled to release a raft of data on Friday, setting the pace for a busy day in Asia-Pacific economic activity. On tap are March numbers for unemployment, industrial production, retail sales, housing starts and construction orders - as well as April figures for Tokyo inflation. The jobless...

Indonesia's central bank left the key interest rate unchanged for a fifth consecutive month on Thursday and announced measures to boost domestic demand. The Board of Governors agreed to hold the BI 7-day reverse repo rate at 6 percent, Bank Indonesia said. The decision was in line with economists'...

boj-013117_25apr19.jpg The Bank of Japan kept its monetary policy unchanged on Thursday and announced that the interest rates will remain very low for an extended period, at least through spring 2020, reflecting uncertainties concerning economy and prices, and the effects of the scheduled consumption tax hike. The Policy Board of the BoJ voted 7-2 to maintain interest rate at -0.1 percent on current accounts that financial institutions maintain at the bank.

bank-of-korea-040915.jpg South Korea's gross domestic product was down a seasonally adjusted 0.3 percent on quarter in the first quarter of 2019, the Bank of Korea said in Thursday's advanced estimate. That follows the 1.0 percent increase in the three months prior. Real gross domestic income picked up 0.2 percent on quarter...

South Korea's gross domestic product contracted a seasonally adjusted 0.3 percent on quarter in the first quarter of 2019, the Bank of Korea said in Thursday's advanced estimate. That follows the 1.0 percent increase in the three months prior. On an annualized yearly basis, GDP climbed 1.8 percent,...

Follow RTT