Japan's real wages slipped in September for an 18th month, while consumer spending extended a months-long decline, with rising prices squeezing households' purchasing power, and likely to add to pressure from labour groups for higher wage increases.

China's imports unexpectedly grew in October while exports contracted at a quicker pace, in a mixed set of indicators that showed the world's second-largest economy facing persistent risks despite a recent improvement in domestic demand.

Chinese businesses are reducing their investments in the U.S., driven by worsening bilateral relations and challenging business conditions. Rhodium Group reports that investment from China has plummeted from $48 billion in 2016 to a mere $2.5 billion in 2021.

China's economy is set to grow 5.4% this year, having made a "strong" post-COVID recovery, the International Monetary Fund said on Tuesday, making an upward revision to its earlier forecast of 5% growth, while expecting slower growth next year.

The Biden administration has made a collective appeal to Congress, seeking approval for an $11.8 billion funding request intended as direct budgetary support for Ukraine's defense. Key figures in this plea include Defense Minister Lloyd Austin III, Secretary Antony Blinken, Finance Minister Janet Yellen, and USAID's Samantha Power.

Rivian Automotive raised its production forecast for the full year by 2,000 vehicles to 54,000 units on the back of sustained demand for its trucks and SUVs on Tuesday, sending its shares up 4% in volatile after-hours trading.