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Friday, May 3, 2013
Perng Fai-nan, governor of the Central Bank of the Republic of China (Taiwan), said Thursday that the value of the New Taiwan dollar will be decided by the market.
Taiwan's representative office in Japan has set up a task force for the Trans-Pacific Partnership (TPP) — a proposed free trade group made up of Pacific-Rim countries — that will boost information exchanges with Japan on the issue, an official said Thursday.
Citing improvements in the country's macroeconomic fundamentals, international credit rating firm Standard and Poor's has followed the lead of its competitor, Fitch Ratings, and gave the Philippines an investment grade.
Thursday, May 2, 2013
Indonesian inflation eased to 5.57 percent on-year in April due to lower food prices after the government eased some import restrictions, official data showed on Wednesday.
Wednesday, May 1, 2013
Japan household spending up as 'Abenomics' gains
Japan's household spending surged in March at the fastest pace in nine years in a sign that Prime Minister Shinzo Abe's bold efforts to end two decades of stagnation are lifting consumer confidence and setting the stage for an economic revival.
South Korea's industrial output fell for a third straight month in March as carmakers struggled in the face of a weaker yen, which benefits their Japanese rivals, official data showed Tuesday.
Tuesday, April 30, 2013
The local manufacturing sector flashed a blue light in March, indicating declining sentiment, the Taiwan Institute of Economic Research (TIER) announced yesterday.
IMF monitoring capital flows to Asia
The International Monetary Fund (IMF) said Monday it is “carefully” monitoring massive capital flows into Asia and urged the region's policymakers to guard against risks of overheating.
Australia's government said Monday that its tax revenue has continued to fall in recent months as company profits declined and the mining boom that kept the nation out of recession cools.
South Korea posted its biggest current account surplus in four months in March, bolstered by robust exports of mobile devices and other high-tech products, the central bank said Monday.
  
  
  
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