Chinese industrial production grew more than expected in October, while retail sales also rose past expectations as continued stimulus measures from Beijing appeared to be boosting local demand to some degree. 

Having failed to find his dream job at a Chinese internet company upon graduation, Peter Liu settled for a role in a state library where there is so little need for his participation that he spends his time studying for a change in his career path.

U.S. small business sentiment fell for a third consecutive month in October, signaling inflation and labor difficulties could be having a prolonged effect on business earnings, according to a report published on Tuesday.

U.S. manufacturing activity has shown little or no growth in the last year as businesses struggle with lacklustre consumer spending on merchandise and excess stocks built up after the pandemic supply chain disruptions.

Headline inflation in the U.S. slowed by more than expected in October, in a boost for Federal Reserve officials keen on corralling price pressures in the world's largest economy.

Oil prices rose in early Asian trade on Wednesday on Middle East tensions and a weaker dollar, while investors focused on inventory data after a two week delay in reporting.