The ruling Liberal-National coalition presented its budget for fiscal year 2018/2019 on 8 May. The highlight of the budget, which...
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Australia: Budget set to deliver modest tax relief ahead of next year’s elections -
Malaysia: Trade surplus widens on pick-up in export growth Malaysian exports picked up steam in March, growing 16.1% over a year ago (February: +12.0% year-on-year). The upturn in March... -
Japan: Core inflation moderates in April In April, the core consumer price index fell 0.1% compared to the previous month in seasonally-adjusted terms, matching March’s 0.1%... -
Angola: Cabinda crude oil prices break USD 70 per barrel mark in April The average price of Angola’s Cabinda crude oil jumped from USD 66.6 per barrel (pb) in March to USD 72.0... -
Singapore: Exports rebound with vigor in April Non-oil domestic exports (NODX) soared 11.8% in April, contrasting March’s revised 3.2% decline (previously reported: -2.7% yoy) and handsomely beating... -
Malaysia: Pace of growth moderates in the first quarter Growth in the Malaysian economy moderated for a second consecutive quarter in the first quarter of this year. Economic activity... -
Australia: Labor market reports strong outturn in April, revised data shows employment shrank in March Seasonally-adjusted employment increased by 22,600 in April compared to the prior month, contrasting the revised 700 jobs shed in March... -
Japan: Machinery orders contract in March Core machinery orders—a leading indicator of capital spending over a three to six month period—declined in March for the first... -
Indonesia: BI hikes rates for the first time in four years in May At its 17 and 18 May monetary policy meeting, Bank Indonesia decided to increase interest rates by 25 basis points,... -
Mexico: Banxico stands pat in May, keeping the policy rate at 7.50% At its 17 May monetary policy meeting, Banxico’s five-member board voted unanimously to maintain the policy rate steady at 7.50%...