Malaysia Unemployment Rate Remains Stable

Malaysia’s unemployment rate held steady in May, figures from the Department of Statistics showed Monday. The jobless rate came in at 3.3 percent in May, the same rate as in April. In the corresponding month last year, the unemployment rate was 3.4 percent. There were 507,000 unemployed people in May ...

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China GDP Climbs 1.8% In Q2

China’s gross domestic product expanded a seasonally adjusted 1.8 percent on quarter in the second quarter of 2018, the National Bureau of Statistics said on Monday. That beat forecasts for an increase of 1.6 percent following the rise of 1.4 percent in the three months prior. On a yearly basis, ...

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New Zealand Services PMI Slides In June

The services sector in New Zealand continued to expand in June, albeit at a much slower rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 52.8. That’s down from the downwardly revised 57.1 in May (originally 57.3). It remains in expansion territory ...

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UK House Prices Dip 0.1% In July – Rightmove

The average asking price for a house in the United Kingdom was down 0.1 percent on month in July, property tracking website Rightmove said on Monday – coming in at 309,191 pounds. On a yearly basis, house prices were up 1.4 percent – slowing from 1.7 percent in the previous ...

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China Data Due On Monday

China is scheduled to release a raft of data on Monday, headlining a modest day for Asia-Pacific economic activity. On tap are Q3 figures for GDP, as well as June numbers for retail sales, industrial production and fixed asset investment. GDP is expected to gain 1.2 percent on quarter and ...

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