Taiwan’s industrial production grew at a faster pace in June, data from the Ministry of Economic Affairs showed on Thursday. Industrial output rose 7.34 percent year-on-year in June, after a 1.68 percent rise in May. In April, output increased 4.22 percent. Among the industrial divisions, mining… [Read more…][1]
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Australia is set to record its biggest budget deficit since the World War II as the government spurred spending to cushion the blow from the coronavirus pandemic. In the latest economic and fiscal update, released Thursday, the Treasury said the underlying cash balance will be in a deficit of A$184.5 billion in the financial year ending June 2021. [Read more…][3]
Singapore’s consumer prices declined at a softer rate in June, data from the Monetary Authority of Singapore and the Ministry of Trade and Industry revealed on Thursday. The consumer price index fell 0.5 percent year-on-year in June, following a 0.8 percent decrease in May. Economists had expected… [Read more…][4]
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