Investors will be watching China’s third quarter GDP for clues on its economic recovery, along with retail sales and urban unemployment data.
Asia-Pacific markets edged lower on Wednesday as investors look to key economic data from China, while chip stocks in China gained.
The world's second-largest economy will also release its industrial output and retail sales data for September, as well as its urban unemployment rate.started the day flat, about 0.04% higher, ahead of its unemployment figures on Thursday. The unemployment rate is one of the key metrics that the Reserve Bank of Australia considers when setting its monetary policy.closed near the flat line on Tuesday, slipping just 0.
For its handset components and assembly business, BYD said it continued to improve its profitability due to factors like an expansion in business scale with overseas major customers, as well as a rebound in demand from Android customers.
The U.S. government said that the new rules aim to close loopholes that emerged following last year's curb on AI chip exports.Richmond Federal Reserve President Thomas Barkin said Tuesday he supported his colleagues' decision not to hike rates in September and believes the central bank can be patient from here.
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