Australia Import, Export Price Data Due On Thursday

RTTNews | 662 dagar sedan
Australia Import, Export Price Data Due On Thursday

(RTTNews) - Australia will on Thursday release Q2 figures for import and export prices, highlighting a modest day for Asia-Pacific economic activity. Import prices are expected to fall 7.3 percent on quarter after dropping 4.2 percent in the previous three months. Export prices are tipped to rise 7.8 percent on quarter after adding 1.6 percent in Q1.

Singapore will report unemployment figures for the second quarter; in the previous three months, the jobless rate was 1.8 percent.

China provide June numbers for industrial profits; in May, profits were down 18.8 percent year to date.

The Hong Kong Monetary Authority will wrap up its monetary policy meeting and announce its decision on interest rates; the HKMA is expected to hold its benchmark lending rate steady at 5.50 percent.

Thailand will see June figures for industrial production, with forecasts suggesting a decline of 2.4 percent on year following the 3.14 percent drop in May.

read more
China Industrial Output Growth Tops Expectations; Retail Sales Disappoint

China Industrial Output Growth Tops Expectations; Retail Sales Disappoint

China's industrial production increased more than expected in April despite trade tariff hikes and the unemployment rate dropped marginally but growth in retail sales fell short of expectations signalling weaker domestic demand, official data revealed on Monday. Industrial output logged an annual growth of 6.1 percent in April after rising 7.7 percent in March.
RTTNews | 1h 3minuter sedan
Thai Downgrades GDP Growth Outlook

Thai Downgrades GDP Growth Outlook

Thailand's economy is projected to expand less than the previous estimate this year as trade tariffs are likely to dampen exports in the second half of the year, the National Economic and Social Development Council said Monday. Southeast Asia's second largest economy is forecast to grow in the range of 1.3 percent to 2.3 percent this year. This was down from the previous outlook of 2.3 percent-
RTTNews | 2h 36minuter sedan
Fijian Import & Export Recalls Ready-To-Eat Meat Pie Products

Fijian Import & Export Recalls Ready-To-Eat Meat Pie Products

Hayward, California-based Fijian Import & Export Co. Inc. is recalling around 127 pounds of ready-to-eat meat pie products from Australia that were not presented for import reinspection upon entry into the United States, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The recall involves 5.6-oz. plastic packages...
RTTNews | 3h 28minuter sedan
Australian Market Halves Early Losses In Mid-market

Australian Market Halves Early Losses In Mid-market

The Australian stock market is halving its early losses in mid-market trading on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, energy and financial stocks partially offset by gains in gold miners.
RTTNews | 5h 7minuter sedan
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Monday, following the positive cues from Wall Street on Friday, as traders react to surprise downgrade of the US government's credit rating by one notch to Aa1 by Moody's Ratings, being the last of the three major credit rating agencies to downgrade it. They also react to China announcing anti-dumping duties on plastics from the U.S., EU, Japan and Taiwan.
RTTNews | 5h 23minuter sedan
Sensex, Nifty Seen Lower On US Debt Concerns

Sensex, Nifty Seen Lower On US Debt Concerns

Indian shares look set to open lower on Monday as investors fret about the changing geo-political landscape in India's neighborhood as a new bonhomie between Bangladesh, China and Pakistan takes shape silently.
RTTNews | 5h 54minuter sedan