Japan’s government cut its assessment of the economy for the second-straight month and warned that growth is pausing, signaling growing concern over the pain from the global slowdown and keeping…
.
Your one-stop source for retail intelligence in Asia
S Korea central bank unexpectedly holds rates
South Korea’s central bank unexpectedly held interest rates steady on Thursday to further assess the effect from moves around the world to battle the prolonged crisis in Europe and cooling deman…
S Korea unveils new USD5.2b stimulus package
South Korea on Monday unveiled new stimulus measures worth USD5.2 billion to boost domestic demand as its export-driven economy struggles with the global economic downturn.
The finance ministry said i…
Japan Aug consumer sentiment up
Consumer sentiment in Japan improved for the first time in three months in August amid signs of recovery in employment conditions, the government said on Monday.
The confidence index of households mad…
Japan revises down growth numbers for 2Q
Japan has revised down its growth numbers for the second quarter, raising concerns about a slowdown in the world’s third largest economy.
The government said that economy grew at an annual rate …
S Korea Aug inflation at fresh 12-yr low, more rate cut seen
South Korea’s annual inflation in August slowed to a fresh 12-year low, data showed on Monday, providing additional evidence of cooling demand and fuelling market expectations for an additional …
Japan Jul household spending rises 1.7pc y/y
Japanese household spending rose 1.7 percent in July from a year earlier, data showed on Friday, helped by government support for buyers of fuel-efficient cars.
The rise exceeded the median market for…
Japan Jul core inflation falls 0.3pc on year
Japan’s core consumer prices fell 0.3 percent in July from a year earlier, data showed on Friday, as the economy struggles to escape deflation and achieve the central bank’s 1 percent infl…
Japan retail sales fall as consumption loses momentum
Japanese retail sales posted a faster-than-expected decline in the year to July, down for the first time in eight months, as a boost from stimulus-driven consumption tapers off and sluggish exports cl…
Japan cuts economy assessment as global slowdown bites
Japan’s government cut its assessment for the export-reliant economy on Tuesday for the first time since October 2011, as slowing global growth weighed on exports and factory output, and threate…