(RTTNews) - Malaysia will announce November numbers for imports, exports and trade balance on Wednesday, headlining a modest day for Asian economic news. Imports are expected to contract by 3.8 percent on year following the 5.3 percent annual decline in the previous month. Exports are projected to fall 5.7 percent on year after a 2.6 percent annual decline a month earlier. The trade balance is expected to show a surplus of 8.96 billion ringgit, down from the 9.62 billion ringgit surplus in the previous month.

Taiwan is set to announce December numbers for imports, exports and trade balance. Imports are expected to contract by 15.3 percent on year after a 13.2 percent annual decline in November. Exports are seen down an annual 25.6 percent following a 23.3 percent fall on year in the previous month. The trade balance is projected at a surplus $2.21 billion, up from $1.52 billion a month earlier.

Hong Kong will provide December data for FX reserves, with analysts expecting a surplus of $160.2 billion - down from $165.9 billion a month earlier.

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