Japan GDP Growth Beats Forecast, Boosting BOJ Rate Hike Bets 
China Inflation Accelerates in August as CPI, PPI Rise 
Japanese Yen Nears Seven-Month High as Oil Approaches $100 
ECB Rate Hike in Focus as Oil Tops $100 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
Asian Currencies Steady as Yen Holds Firm, Oil Tops $100 
Asian Stocks Fall as Oil Tops $100, Yields Rise 
Gold Prices Rise as Yen Rally Weakens Dollar 
South Korea GDP Surges on Chip and AI Boom 
China Boosts Gold Reserves by 650,000 Ounces as Prices Rally 
Asian Stocks Mixed as Korean Chipmakers Rally 
China Buys 1 Million Tons of U.S. Soybeans Ahead of Xi Visit 
Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
UK Food Inflation Forecast to Hit 6.4% by Mid-2027 
Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate 
Gold Prices Steady Ahead of U.S. Inflation Data and Fed Decision 
Fitch Eyes Japan Budget for Fiscal Discipline 
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Asian Stocks Mixed as U.S. Treasury Yields Rise
Asian stocks performed mixed on Wednesday, as rising U.S. Treasury yields and uncertainty around the upcoming U.S. presidential election kept investors cautious. Most regional markets followed a flat lead from Wall Street, which saw mixed corporate earnings and subdued optimism.
Hong Kong's Hang Seng Index Surges on IPO Strength
Hong Kong's Hang Seng Index led the region, rising 1.7%. The market was buoyed by a strong debut from China Resources Beverage, which saw its shares soar by 14%. The company raised $540 million in its IPO, marking Hong Kong’s second-largest IPO of the year. This followed Horizon Robotics, which raised $696 million earlier in the week, fueling optimism about a recovery in Hong Kong's IPO market after a prolonged slump.
Chinese Markets Extend Gains on Stimulus Measures
China’s Shanghai Composite and CSI 300 indexes rose 0.4% and 0.2%, respectively, as Beijing's recent stimulus measures boosted investor sentiment. A surprise interest rate cut from the People’s Bank of China (PBOC) on Monday and expectations of further liquidity injections helped support Chinese stocks.
Other Asian Markets Struggle for Direction
Elsewhere, Japan's Nikkei 225 and TOPIX indices remained flat amid anticipation of a general election and an upcoming Bank of Japan meeting. Australia’s ASX 200 and South Korea's KOSPI also saw minimal movement, while India's Nifty 50 futures pointed to a weak open due to profit-taking and capital outflows.
