Key facts
- China's third-quarter GDP is expected to expand 4.4%, according to a Nikkei survey.
- Vietnam's President To Lam will meet with Danish and Belgian leaders, and EU officials.
- Mynt's IPO is set at 6.60 Philippine pesos per share, aiming to raise up to $965 million.
- Japan's Martian Moons eXploration mission aims to return samples from Phobos in 2031.
- Japan's Prime Minister Sanae Takaichi's priorities include cutting the consumption tax on food.
China's economy is showing signs of resilience, with September exports surging 36% year-on-year, easing pressure on policymakers to stimulate domestic demand to meet the country's annual growth target of 4.5% to 5%. However, a Nikkei survey estimates third-quarter GDP expansion at 4.4%, with a prolonged property slump and weak consumption continuing to limit momentum.
In parallel, Vietnamese President To Lam is visiting the European Union, Denmark, and Belgium this week to bolster trade relations. His itinerary includes meetings with European and national leaders, as well as Pandora, a Danish jewelry company that recently opened its largest factory in Vietnam.
Key economic events this week include China's Q3 GDP release on Monday, the listing of fintech firm Mynt on the Philippine Stock Exchange on Tuesday, and monetary policy meetings in South Korea and the Philippines. Japan's Prime Minister Sanae Takaichi will mark her first year in office, and the Japan Aerospace Exploration Agency is set to launch its Martian Moons eXploration spacecraft.