Philippine GDP Growth Slows to 2.3% in Q2 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns 
Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises 
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets 
Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
BOJ Rate Hike Expectations Rise Ahead of September Meeting 
Trump Unveils $3 Billion U.S. Critical Minerals Push 
US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
South Korea's industrial output rose 0.7 percent on-month November due to improving exports, but consumption plunged for the second straight month amid a coronavirus resurgence.
However, the industrial output in November was a 0.6 percent on-year drop.
The mining, manufacturing, gas, and electricity industries gained a 0.3 percent production increase on-month in November, while the chips and display panels production also improved.
But retail sales dropped 0.9 percent from a month earlier, compared with a 1 percent on-month decline in October, the data showed. From a year earlier, they fell 1.5 percent, marking the second straight month of an on-year decline.
Sales of semidurable goods, such as clothes, plummeted 6.9 percent, while those of durable goods, such as cars, dipped 0.9 percent.
Meanwhile, sales of nondurable goods and food jumped 1.3 percent on-month.
Statistics Korea said the face-to-face service and retail sales sector may shrink in December due to increasing spiking COVID-19 cases.
On Dec. 8, the country tightened its virus curbs to Level 2.5 in the Seoul metropolitan area, where half of its 51.6 million population lived. It was Level 2 for the rest of the country.
