Asian Stock Market: Trades lower amid the fear of US higher rate, China's economic woes

cites anonymous sources on Wednesday to affirm that the Japanese government is likely to launch a stimulus plan in October to support companies' wage increases and to lower energy bills. rose 0.88% YoY in August from 0.38% in the previous reading. While Philippine’s Consumer Price Index increased 5.3% YoY in August from the previous reading of a 4.7% increase in July.

Looking ahead, the US weekly Initial Jobless Claims and Unit Labor Costs for Q2 will be due on Thursday. The attention will shift to the Japanese Gross Domestic Product for Q2 on Friday. The quarterly growth number is expected to grow by 1.3%.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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