GDP was then revised upward in the final data release to show modest growth thanks to stronger-than-initially-estimated capital spending. PHILIPPINESThe country's central bank announces its rate decision on Thursday after first-quarter GDP data slightly disappointed market views. The Philippines central bank kept its policy rate unchanged at 6.50% at its last meeting in April to rein in a recent pickup in inflation. SINGAPOREIn Singapore, focus is on trade data for April, including non-oil domestic exports. HONG KONGFinal first-quarter growth data is due from Hong Kong on Friday.

Source: Wall Street Journal May 12, 2024 22:41 UTC