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Taiwan's jobless rate fell for the second straight month in July, the Directorate General of Budget Accounting & Statistics, or DGBAS, said on Thursday. The seasonally adjusted unemployment rate fell to 3.72 percent in July from 3.74 percent in June, that was in line with economists' expectation....

Indonesia's central bank unexpectedly slashed its key interest rate for a second straight month in August. The Board of Governors, led by Governor Perry Warjiyo, decided to reduce the 7-day reverse repo rate by 25 basis points to 5.50 percent, Bank Indonesia said in a statement on Thursday. Economists...

Japan's all industry activity declined in June, figures from the Ministry of Economy, Trade and Industry showed on Thursday. The all industry activity index declined 0.8 percent month-on-month in June, following a 0.5 percent rise in May, which was in line with economists' expectations. Among...

Australia's private sector contracted for the first time in five months in August reflecting the weakness in the service sector, survey data from IHS Markit showed on Thursday. The Commonwealth Bank of Australia flash composite output index fell to 49.5 in August from 52.1 in July. Any score below...

Japan's private sector grew at the fastest pace in eight months in August driven by services activity, survey results from IHS Markit showed Thursday. The Jibun Bank flash composite output index rose to 51.7 in August from 50.6 in July. A score above 50 indicates expansion. The services Purchasing...

Japan will on Thursday release preliminary August results for the manufacturing PMI from Nikkei, highlighting a light day for Asia-Pacific economic activity. In July, the PMI score was 49.4. Japan also will see June results for its all industry activity index and final July figures for machine tool...

Risks to financial stability such as high household debt, warrants continued monitoring, while property sector risks have abated, minutes of the Bank of Thailand August 7 rate-setting session revealed on Wednesday. "Financial system risks still posed vulnerabilities to financial stability," the minutes...

New Zealand's credit card spending declined in July, figures from Reserve Bank of New Zealand showed on Wednesday. Credit card spending fell to 1.8 percent month-on-month in July, reversing a 1.5 percent increase in June. This was the first fall in four months. Domestic billing dropped 2.0 percent...

A decisive rate cut in August has reduced the need for unconventional tools, Reserve Bank of New Zealand Assistant Governor Christian Hawkesby said at a panel discussion in Manila. "Decisive action now gave inflation the best chance to lift earlier, reducing the probability that unconventional tools...

Australia's leading index moved above trend since November last year, signaling that the economy is set to grow around trend for the last three or four months of 2019 and well into the first half of next year, data from Westpac showed Wednesday. The six month annualized growth rate in the Westpac-...

New Zealand will on Wednesday release July figures for credit card spending, highlighting a light day for Asia-Pacific economic activity. In June, credit card spending was up 1.5 percent on month and 6.6 percent on year. Australia will see July numbers for skilled vacancies and for the leading economic...

Hong Kong's consumer price inflation remained unchanged in July, data from the Census and Statistics Department showed on Tuesday. The consumer price index rose 3.3 percent year-on-year in July, which was the same rate as seen in June. Economists had expected a 3.0 percent rise. Netting out the...

Taiwan's export orders decreased further in July, but at a slower-than-expected pace, as the foreign demand for machinery and basic metals plummeted, figures from the Ministry of Economic Affairs showed on Tuesday. Export orders fell 3 percent year-on-year in US dollar terms in July, which was much...

australiacentralbank-082019.jpg The Reserve Bank of Australia would consider further monetary easing if needed to underpin sustainable growth and inflation and reviewed various unconventional policy loosening measures, according to the minutes of the meeting held in August. At the meeting, policymakers assessed it appropriate to view the developments in both global and domestic economies before cutting rates further.

The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on August 6, highlighting a light day for Asia-Pacific economic activity. At the meeting, the RBA left its key interest rate unchanged at a record low of 1.00 percent after cutting the rate by 25 basis...

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