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chinatrade oct12 07dec22 China's exports and imports fell more than expected in November as strict Covid restrictions continued to disrupt supply chains as well as consumption, further darkening the growth outlook for the biggest Asian economy amid signs of an imminent global recession. Chinese shipments registered an annual decrease of 8.7 percent in November, data from the General Administration of Customs revealed.

Japan's leading index improved more than expected at the start of the fourth quarter of the year from a twenty-month low in September, signaling a modest improvement in the economy, preliminary figures of a survey by the Cabinet Office showed on Wednesday. The leading index, which measures future...

India's central bank raised its benchmark interest rates for the fifth consecutive meeting on Wednesday. The Monetary Policy Committee voted 5-1 to hike its key interest rate, the repo, by 35 basis points to 6.25 percent from 5.90 percent, with immediate effect, Governor Shaktikanta Das said. The...

The total number of building permits issued in Australia was down a seasonally adjusted 6.0 percent on month in Australia, the Australian Bureau of Statistics said on Wednesday - coming in at 15,382. That was in line with expectations following the 8.1 percent decline in September. On a yearly...

Australia's gross domestic product expanded 5.9 percent on year in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday. That was shy of expectations for an increase of 6.2 percent and up from 3.6 percent in the three months prior. On a seasonally adjusted quarterly...

Australia will on Wednesday release Q3 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.7 percent on quarter and 6.2 percent on year after gaining 0.9 percent on quarter and 3.6 percent on year in the previous quarter. Australia...

rbi aug07 06dec22 The Reserve Bank of India is set to deliver a less aggressive rate hike and switch to a 'neutral' policy stance as the central bank weigh the effect of an apparent easing in inflationary pressures on an economy struggling to gain momentum.

philippneflag may08 06dec22 The Philippines' inflation accelerated to the highest level since November 2008, mainly due to an increase in food prices due to poor climate, but remained within the forecast range of the central bank that is widely expected to deliver another rate hike in its policy session next week. The consumer...

rba aug7 06dec22 Australia's central bank raised its key interest rate on Tuesday, by a quarter-point for a third straight policy meeting, thus slowed the pace of rate hikes from a more aggressive 50 basis points previously as policymakers turned less hawkish amid expectations for slower economic growth ahead. The policy board of the Reserve Bank of Australia, governed by Philip Lowe, decided to lift the cash rat

Taiwan's consumer price inflation eased more-than-expected in November to the lowest level in nine months, data released by the Directorate General of Budget, Accounting & Statistics showed on Tuesday. Consumer prices rose 2.35 percent year-on-year in November, slower than the 2.74 percent increase...

Australia's central bank raised its key interest rate by a quarter point again on Tuesday, as widely expected. The policy board of the Reserve Bank of Australia, headed by Governor Philip Lowe, decided to lift the cash rate target by 25 basis points to 3.10 percent. The board reiterated that it...

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is widely expected to hike its benchmark lending rate by 25 basis points, from 2.85 percent to 3.10 percent. Australia...

Singapore's retail sales growth continued to ease in October, data from the Department of Statistics showed on Monday. Retail sales rose 10.4 percent year-on-year in October, after an 11.3 percent growth in September. Excluding motor vehicles, retail sales advanced 14.3 percent yearly in October,...

India's service sector activity expanded at the fastest pace in three months in November, as output and new orders rose at faster rates amid strong demand conditions, survey results from S&P Global showed on Monday. The services Purchasing Managers' Index climbed to 56.4 in October from 55.1 in September....

The services sector in China continued to contract in November, and at a faster pace, the latest survey from Caixin said on Monday with a PMI score of 46.7. That's down from 48.4 in October and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction. Efforts...

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