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New Zealand commodity prices grew at a faster rate in November, data from ANZ Bank showed on Wednesday. The world price index rose 4.3 percent month-on-month in November, following a 1.2 percent rise in October. Commodity price inflation accelerated to 12.4 percent annually from 7.2 percent in...

Malaysia's exports fell at a slower-than-expected rate in October, while the decline in imports exceeded expectations, data from the Department of Statistics revealed on Wednesday. Exports declined 6.7 percent year-on-year to MYR 90.6 billion in October. Economists had expected a 12.3 percent fall. Imports...

Australia's service sector contracted for the first time in three months in November on subdued sales growth and demand conditions, survey results from IHS Markit and Commonwealth Bank of Australia showed on Wednesday. The services Purchasing Managers' Index fell to 49.7 from 50.1 in October. A score...

chinaservices-july03_03dec19.jpg China's private sector expanded at the steepest pace in 21 months in November driven by the upturn in manufacturing and services, survey results from IHS Markit showed Wednesday. The Caixin composite output index rose to 53.2 in November from 52.0 in October. A reading above 50 indicates expansion. The services Purchasing Managers' Index advanced to a seven-month high of 53.5 from 51.1 in October.

Hong Kong's private sector continued to contract in November, and at a faster pace, the latest survey from IHH revealed on Wednesday with a 16-year low PMI score of 38.5. That's down from 39.3 in October and it moves further beneath the boom-or-bust line that separates expansion from contraction. The...

The services sector in Japan moved back into expansion in November, albeit barely, the latest survey from Jibun Bank showed on Wednesday with a PMI score of 50.3. That's up from 49.8 and it moves back above the boom-or-bust line of 50 that separates expansion from contraction. Individually, activity...

The private sector economy in Singapore swung back into expansion territory in November, the latest survey from IHH revealed on Wednesday with a four-month high PMI score of 50.4. That's up from 47.4 in October and it moves back above the boom-or-bust line of 50 that separates expansion from contraction. Individually,...

Australia's gross domestic product gained a seasonally adjusted 0.4 percent on quarter in the third quarter of 2019, the Australian Bureau of Statistics said on Wednesday. That was shy of expectations for an increase of 0.5 percent and down from 0.6 percent in the previous three months. On a yearly...

The service sector in Australia continued to expand in November, albeit at a slower pace, the latest survey from the Australian Industry Group revealed on Wednesday with a seasonally adjusted Performance of Service Index score of 53.7. That's down from 54.2, although it remains well above the boom-or-bust...

Australia will on Wednesday release Q3 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to have risen 0.5 percent on quarter and 1.6 percent on year after gaining 0.5 percent on quarter and 1.4 percent on year in the three months prior. Australia...

Saudi Arabia's non-oil private sector gained momentum in November, survey results from IHS Markit showed Tuesday. The Purchasing Managers' Index rose to 58.3 in November from 57.8 in October. The reading signaled the fastest expansion in over four years. New orders logged its sharpest rise since...

reservebankofaustralia-nov06_02dec19.jpg Australia's central bank left its key interest rate unchanged on Tuesday, as policymakers wait to see the impact of previous easing. The board of the Reserve Bank of Australia, governed by Philip Lowe, decided to leave the cash rate unchanged at a record 0.75 percent. The central bank had lowered the rate by 25 basis points in October, which was the third such reduction this year.

Australia logged current account surplus for the second consecutive quarter in the three months to September, data from the Australian Bureau of Statistics showed Tuesday. The current account surplus rose A$3.18 billion to A$7.85 billion in the September quarter. "For the first time in 46 years,...

southkoreanflag-051010_02dec19.jpg South Korea's economic growth slowed as initially estimated in the third quarter on weaker construction activity, revised data from the Bank of Korea showed Tuesday. Gross domestic product grew 0.4 percent sequentially, in line with advance estimate, but slower than the 1 percent expansion seen in the second quarter. On a yearly basis, GDP growth held steady at 2 percent in the third quarter.

The Reserve Bank of Australia will on Tuesday wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The central bank is widely expected to keep its benchmark lending rate unchanged at the record low 0.75 percent. Australia...

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