Chinese Foreign Direct Investment Continues Dropped, Bank of Japan Joins Fed In Adding Stimulus, The Recovery is "Pausing"

Latest economic news from Sidney, Australia's Leading Index Improves; Growth Still Below-Trend, A leading indicator of Australia's economic activity continued to rise in July, but its rate of increase remained below its long-term trend suggesting that the economy is unlikely to exceed trend over the next months

From Tokyo economic news, Bank of Japan Joins Fed In Adding Stimulus, The Bank of Japan on Wednesday announced a fresh round of stimulus to revive the economy by expanding the asset purchase by another JPY 10 trillion. The central bank also cut its assessment of the economy, saying the recovery is "pausing." The total size of the program was lifted to JPY 80 trillion following an additional JPY 5 trillion purchase authorization each for Japanese government bonds and treasury discount bills. The asset purchase target now stands at JPY 55 trillion

Meanwhile from China economic news, Chinese Foreign Direct Investment Continues Downward Trend, Foreign direct investment into China declined in August as investors remained wary about the country's future growth prospects amid weak inflows from the debt-trapped European Union