RTTNews - Thailand is scheduled to release first quarter numbers for gross domestic product, headlining Monday's Asian economic news. Analysts are expecting a contraction of 1.7 percent on quarter following the 6.1 percent decline in the previous three months. On an annualized basis, GDP is called lower by 6.5 percent after the 4.3 percent fall in the fourth quarter of 2008.
Japan will release its all-industry activity index for March, which saw a 2 percent decline in February. Also, the Bank of Japan will publish its most recent monthly report, and BoJ Governor Masaaki Shirakawa will speak in Kanazawa City.
Taiwan will release April numbers for export orders and industrial output. Export orders are forecast lower by 25.4 percent on year after the 24.29 percent annual decline in March. Output is predicted lower by 25 percent on year after the 26.03 percent contraction in the previous month.
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