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Countries in Asia have ramped up precautions after cases of the new and deadlier strain of mpox, known as Clade 1b, was recently found outside the African continent.
Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a recession, and the predicted upcoming U.S. Federal Reserve rate cuts will not be sufficient to steer markets out of it.
China's steel industry has been struggling as the country's property sector remains in the doldrums and is unable to absorb excess capacity, industry watchers told CNBC.
The global commodities market has been volatile this year, with prices remaining largely elevated.
Singapore has tightened the maximum loan that home buyers can take out in a bid to cool the country's public housing resale market.
Gold prices have been hitting new highs and analysts expect more records, with some forecasting the metal to hit $3,000 per ounce next year, as the U.S. Federal Reserve meeting draws closer.
The Bank of Japan will adopt a more cautious approach to hiking interest rates to avoid rapid appreciation in the yen after the recent global market turmoil, Fitch Solutions' BMI said in a recent note.
Japan's Prime Minister Fumio Kishida announced Wednesday he will not be running in the Liberal Democratic Party presidential election due next month.