Eurozone inflation rose by more than expected to a new record level in August, according to preliminary Eurostat data released on Wednesday, heaping further pressure on the European Central Bank's effort to stem red-hot price growth.

U.S. private payrolls increased moderately in August, according to the ADP National Employment report, which likely exaggerates the slowdown in the labor market as government data continues to point to strong demand for workers and very tight conditions.

Japan's manufacturing activity grew at its weakest rate in nearly a year in August, as businesses took a hit from worsening conditions in the global economy and declining demand from China and South Korea.

South Korea's export growth slowed in August but imports accelerated, widening the trade deficit to a record amount and adding downside pressure on the won, already hovering at over 13-year lows.

Chinese manufacturing activity shrank in August, a private survey showed on Thursday, as COVID lockdowns and a drought-driven energy crunch weighed on industrial activity. 

Japanese companies increased spending on plant and equipment for a fifth straight quarter in April-June as business sentiment remained resilient despite rising costs, China's COVID lockdowns and supply chain disruptions.