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Ipreo APAC ECM Weekly – May 20, 2016

Ipreo APAC ECM Weekly – May 20, 2016

In economic news, Japan’s GDP increased 0.4% on quarter in the first quarter of 2016, surpassing forecasts of a 0.1% jump. Elsewhere, Australia’s unemployment rate remained unchanged at a seasonally adjusted 5.7% in April, surpassing forecasts calling for 5.8%. Finally, Singapore’s wholesale trade fell 17.2% year-over-year in the first quarter following a decline of 2.3% in the previous quarter.