* China's natural gas consumption in January saw its first year-on-year contraction in at least two years, data compiled by Chongqing Petroleum and Gas Exchange, a government-backed energy trading platform, showed on Monday. * Last month, the country consumed 31.6 billion cubic metres, down 1% from a year earlier.
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.
Japan's economy shrank at the fastest pace in almost six years in the December quarter as last year's sales tax hike hit consumer and business spending, highlighting a fragile outlook made worse by growing coronavirus risks.
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...
New Zealand Prime Minister Jacinda Ardern said on Monday that the country's gross domestic product is expected to slow to around 2% to 2.5% this year, due to the economic impact of the coronavirus epidemic. Ardern said the forecasts were from the treasury which had previously predicted a GDP growth of 2.2% to 2.8%. She said the impact will be seen in the first two quarters of the year.
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.
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..
* Jan new home prices grow 0.2% m/m vs 0.3% in Dec. * Jan annual new home prices expand 6.3% vs 6.6% in Dec. * 47 out of 70 cities reported higher prices vs 50 in Dec. * Coronavirus impact yet to be fully reflected - analyst. By Yawen Chen and Se Young Lee.
New home prices in China rose 0.2% in January from a month earlier, easing from a 0.3% increase in December, Reuters calculated from official data on Monday, as a coronavirus outbreak brought the country's property market to a halt.
* Feb manufacturers' sentiment index -5 vs Jan -6. * Service-sector index +15 in Feb vs Jan +14. * Manufacturers, service-sector mood seen flat ahead. * Reuters Tankan closely correlates with BOJ tankan. By Tetsushi Kajimoto.
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