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Taiwan's industrial output declined at a slower rate in June, data from the Ministry of Economic Affairs showed on Tuesday. Industrial output fell 0.39 percent year-on-year in June, following a 2.58 percent decline in May. Economists had expected a 0.2 percent fall. Among sectors, manufacturing...

Singapore's inflation slowed in June, data from the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Tuesday. The consumer price index rose 0.6 percent year-on-year in June, slower than the 0.9 percent increase in May. Economists had expected a 0.8 percent rise. The...

bankofjapan-july23.jpg The Bank of Japan is carefully monitoring heightened uncertainties regarding the global economy as some nervousness has been seen in global financial markets, Governor Haruhiko Kuroda said Tuesday. "We will carefully examine various risk factors, in addition to developments in economic activity and prices as well as financial conditions, and weigh the benefits and costs of the policy effects."

Japan is scheduled to release June figures for market sales in Tuesday, highlighting a light day for Asia-Pacific economic activity. In May, supermarket sales were down 0.7 percent on year, while nationwide department store sales fell an annual 0.8 percent and Tokyo area department store sales were...

Hong Kong's consumer price inflation rose in June after easing in the previous month, data from the Census and Statistics Department showed on Monday. The consumer price index rose 3.3 percent year-on-year in June, after a 2.8 percent increase in May. Economists had expected a 2.4 percent rise. In...

Taiwan jobless rate rose in June after slowing in the previous month, the Directorate General of Budget Accounting & Statistics, or DGBAS, said on Monday. On a seasonally adjusted basis, the unemployment rate increased to 3.74 percent in June from 3.72 percent in May. In April, the jobless rate was...

Afghanistan's economic growth is expected to improve this year with easing of drought conditions but cautioned that the region faces strong headwinds to growth, the World Bank said in its Afghanistan Development Update. The economy grew only around 2 percent in 2018, leading to further increases in...

Hong Kong is scheduled to release June figures for consumer prices on Monday, headlining a light day for Asia-Pacific economic activity. In May, the annual inflation rate was 2.8 percent. Japan will provide June numbers for convenience store sales; in May, sales were up 1.7 percent on year.

New Zealand's credit card spending growth improved in June, figures from Reserve Bank of New Zealand showed on Friday. Credit card spending rose to 1.5 percent month-on-month in June, faster than the 0.6 percent increase in May. Domestic billing rose 1.5 percent monthly to NZ$3.18 billion and...

Japan's all industrial activity rose for the second month in May but the pace of expansion slowed from April, figures from the Ministry of Economy, Trade and Industry showed on Friday. The all industry activity index rose 0.3 percent month-on-month in May, slower than 0.8 percent rise in April. This...

Chinese households' rising debt servicing costs could weigh on the medium-term economic growth, Fitch Ratings said in a report released Friday. The rating agency noted that household debt had increased rapidly, to 85 percent of disposable income by the end of 2018. Although debt servicing costs do...

Overall nationwide consumer prices were up 0.7 percent on year in June, the Ministry of Internal Affairs and Communications said on Friday - unchanged and in line with expectations. Core consumer prices, which excludes food prices, rose an annual 0.6 percent - again matching forecasts and down from...

Japan will on Friday release June numbers for nationwide consumer prices, highlighting a light day for Asia-Pacific economic activity. Overall inflation is expected to hold steady at 0.7 percent on year, while core CPI is expected to slow to 0.6 percent from 0.8 percent in May. Japan also will...

indonesia-jun20_18jul19.jpg Indonesia's central bank cut its key interest rate for the first time in nearly two years and signaled more easing in future, joining its peers who have reduced rates ahead of a possible rate cut from the US Federal Reserve. The Board of Governors, led by Governor Perry Warjiyo, decided to reduce the 7-day reverse repo rate by 25 basis points to 5.75 percent, Bank Indonesia said.

The Asian Development Bank maintained its growth projection for developing Asia despite escalating trade conflicts between China and the United States. According to Asian Development Outlook Supplement, released Thursday, the region is set to grow at a pace of 5.7 percent in 2019 before slowing marginally...

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