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  • New Zealand House Prices, Sales Volumes Rose on Year in Jan

    WELLINGTON, New Zealand--The number of houses sold in New Zealand in January was the highest for that month in four years, the country's real estate institute said Tuesday. The national median sales price gained 11.8% from a year earlier to 615,000 New Zealand dollars and the Real Estate Institute of New Zealand's house price index rose 7.0%. Sales volumes in January were up 3.2% from a year earlier to 4,603 properties sold.

  • Rio Tinto Expects Lower Shipments From Pilbara on Tropical Cyclone

    Rio Tinto PLC (RIO) said Monday that it expects lower iron-ore shipments from its Pilbara operations in western Australia, which have been hit by Tropical Cyclone Damien. Rio Tinto's shipments from Pilbara are now expected to be between 324 million and 334 million metric tons, down from its previous guidance of between 330 million and 343 million tons. Iron-ore operations at Rio Tinto's Pilbara sites are progressively resuming after the passing of the cyclone, but a return to normal...

  • German Central Bank Calls on Government to Loosen Purse Strings

    FRANKFURT--Germany's Bundesbank called on the nation's government Monday to spend its large budget surplus in order to support economic growth, warning of fresh risks to Germany's large manufacturing sector from the coronavirus outbreak in China. The comments represent a shift from the economically conservative Bundesbank, which until recently had pushed back against international demands that Berlin loosen its purse strings and reduce the nation's large surpluses.

  • China Shanghai Rubber Futures Closing Prices, Volume

    Monday, February 17 2020 Natural Rubber Turnover: 220,438 lots Open High Low Settle Prev. Change Vol Open Settle Interest Mar-20 11,435 11,435 11,435 11,435 11,350 85 2 64 Apr-20 11,535 11,585 11,535 11,570 11,405 165 5 39 May-20 11,500 11,700 11,460 11,585 11,400 185 177,393 167,364 Jun-20 11,765 11,800 11,595 11,700 11,485 215 8 45 Jul-20--- 11,555 11,555 0 0 19 Aug-20 11,840 11,840 11,840 11,840 11,595 245 1 22 Sep-20 11,800 12,000 11,750 11,875 11,695 180 41,421 64,060 Oct-20...

  • Indonesia's Trade Deficit Widened Sharply in January

    Indonesia's trade deficit widened last month, as imports to and exports from China fell. Southeast Asia's largest economy had a trade deficit of about $864.2 million in January, official data showed Monday. That compares with the $382 million deficit forecast by economists polled by The Wall Street Journal.

  • Thailand's Economic Growth Slowed to Five-Year Low in Fourth Quarter

    Thailand's economy grew at its slowest pace in five years in the fourth quarter, dragged down by lower government spending and exports despite relatively steady private consumption. Gross domestic product expanded 1.6% in the October-December quarter from a year earlier, compared with the 2.6% growth in the previous three months, the Office of the National Economic and Social Development Council, the government's economic-planning arm, said Monday. That fell short of the...

  • China Home-Price Growth Slowed to 18-Month Low in January

    BEIJING--China's home-price growth in January was at an 18- month low as a years-long tightening of the property market met with effects from the coronavirus outbreak, which has brought the world's second-largest economy to a near standstill. The average price of new homes increased 6.45% on year in January, slowing from a 6.81% increase in December, according to calculations by The Wall Street Journal based on data released Monday by the National Bureau of Statistics.

  • China Attracted $12.68 Billion of Foreign Direct Investment in Jan, Up 2.2% on Year

    BEIJING--China attracted $12.68 billion of foreign direct investment in January, up 2.2% from a year earlier, the Ministry of Commerce said Monday. In January, investment from South Korea and Japan jumped 157.1% and 50.2% on year, respectively, the ministry said. (END) Dow Jones Newswires 02-16-20 2149 ET Copyright (c) 2020 Dow Jones& Company, Inc..

  • Singapore's Exports Fell Less-Than-Expected in January

    SINGAPORE--Singapore's non-oil exports fell in January, mainly due to declines in electronic and non-electronics exports. Exports of goods made in Singapore dropped 3.3% in January compared with a year earlier, after growing 2.4% in the preceding month, Enterprise Singapore said Monday. The median estimate of eight economists in a Wall Street Journal poll was for a 3.5% contraction in exports in January from a year earlier.

  • Singapore's Economy May Contract This Year Due to Coronavirus

    Singapore's economy could contract this year due to the impact from the coronavirus outbreak on the export-dependent country. The government said Monday economic growth is forecast at -0.5% to +1.5% in 2020, compared with its prior estimate of +0.5% to +2.5%. Growth for this year is expected to come in at around 0.5%.

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