While China's full-year 2017 growth should easily beat the government's target of around 6.5 percent, economists believe it will lose momentum next year.
Although Prime Minister Shinzo Abe's ruling party is expected to maintain a solid majority, the memory of recent election upsets in the United Kingdom and elsewhere has kept investors cautious. The dollar fetched 112.22 yen, little changed on the day.
One of the main reasons why inflation has spiked over the past year is related to the pound's 15 percent or so drop fall since the country voted to leave the European Union in June 2016.
Last year Zimbabwe spent more than $80 million on fruit and vegetables, according to national statistics agency Zimstat.
Investors in Hong Kong are closely watching the twice-a-decade party congress that starts on Wednesday, where Chinese President Xi Jinping is expected to further consolidate his power for his second five-year term.
United States West Texas Intermediate (WTI) crude futures were at $51.78 per barrel, down slightly from their last settlement, but still some 2 percent higher than last Friday, and almost a quarter above mid-June levels.
The index had stooped to a 17-day low of 92.749 on Friday in wake of disappointing U.S. inflation data. The Australian dollar was 0.05 percent lower at $0.7845 as its rally last week to a two-week high of $0.7898 on upbeat Chinese data lost momentum.
After a number of failed attempts, the European Commission, member states and EU lawmakers overcame their differences on Tuesday, the sources said.
The Nikkei rose 1.1 percent to 20,614.07, the highest closing level since mid August 2015. The broader Topix gained 0.7 percent to 1,684.46, also the highest closing level since mid August 2015.
Technology, up 0.56 per cent, was the best performing major sector, recovering somewhat from losses in the prior session.
North Korea's foreign minister said President Donald Trump had declared war on the country and it reserved the right to take countermeasures, including shooting down U.S. bombers even if they are not in its airspace.
"The downgrade reflects our assessment that a prolonged period of strong credit growth has increased China's economic and financial risks," New York-based S&P said in a statement.
The consumer price index rose 0.4 percent in August from July, faster than the 0.3 percent increase forecast by analysts in a Reuters poll.
The Nikkei was down 0.3 percent to 19,325.87 by the midday break, after getting as low as 19,254.67 - the lowest level since May 1
Japan's Nikkei did not take the news well, losing 0.9 percent. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.4 percent with South Korea's main index down 0.6 percent
"Traders have been burned by overreacting to the news out of North Korea multiple times over the last month – most recently after missiles were shot over Japanese territory," said Nicholas Young, a partner at Conventus Capital LLC in New York on Sunday
Confidence was shaken further after a van mowed through crowds of tourists in Barcelona on Thursday, killing at least 13 people and injuring more than 100 in an attack authorities were treating as Islamic terrorism.
US President Donald Trump on Thursday issued fresh warning to North Korea and said his early warnings of "fire and fury" were not enough. Here is how escalating tensions between US and North Korea has affected the global market on Friday.
Market analysts expect that the pullback in stocks due to the increasingly aggressive tone in exchanges between Washington and Pyongyang will continue, although investors hope that the selling will not escalate to a correction - a decline of 10 percent or more.
Asian stocks paused near decade-highs on Wednesday as investors waited to see if strong earnings results from Apple would ripple out to component makers in the region. Shares in the world's most valuable company surged 6 percent after hours to a record of more than $159.
The benchmark KSE-100 index had plunged over 1,300 points, going from 46,273 at 9:30am to 44,969 by 9:35am ─ a drop of nearly 2.83 per cent, soon after the trading day started, according to a DAWN report.
Dollar gained around 0.2 per cent against the euro in early trade in Europe, but was still down almost 9 percent on the quarter and 2 per cent this week alone. Compared with Thursday's US close against the basket of currencies that measures its broader strength it was steady. But it fell 0.2 per cent against the yen.
The Nikkei dropped 1.2 percent to 19,978.73 in midmorning trade after falling to as low as 19,946.51, the lowest level since June 16. For the week, the benchmark index is on track to fall 0.7 percent, but it is poised to rise 1.8 percent on the month.
It added that the shipments of these items to Maldives will be exempted from any existing or future restrictions or prohibition on exports. To increase domestic availability of potato and onion, India sometimes imposes minimum export price on these agri commodities.
A day after South Australia state infuriated the banking sector by announcing a A$370 million tax on five big lenders, Western Australia said the option was "attractive" and analysts warned investors to brace for more tax hikes
Zhou Xiaochuan said some people keen to limit foreign participation in the financial sector were "focused on their own interests" and not doing Chinese financial institutions any favours
Rules were also eased for foreign companies manufacturing electric vehicles and related products
Bank Indonesia Governor Agus Martowardojo said PIHPS data will be used for BI policymaking to "increase our accuracy in inflation expectations in the future".
Post the isolation of Qatar, dozens of daily flights by Qatar Airways and carriers from those countries which banned Qatar have been canceled. Qatari aircraft are now forced to make long diversions, mainly around Bahrain and the vast airspace of Saudi Arabia.
The rot started when an exit poll showed PM Theresa May's Conservative Party could fail to win a clear majority, a shock result that would plunge domestic politics into turmoil and delay Brexit talks.
Australia hasn't seen a recession since 1991 and its run of growth had been the envy of other rich nations although it is dropping off the pack now with both the Britain and the United States clocking 2 per cent annual growth in the first quarter.
Adani, which has still to line up funding, plans to build what would be Australia's biggest coal mine, but has faced opposition from environment groups who argue it will contribute to global warming and damage the Great Barrier Reef.
Qatar is the biggest supplier of liquefied natural gas (LNG) and a major seller of condensate - a low-density liquid fuel and refining product derived from natural gas.
Traders added that when there is a recovery seen in the global environment, there is a greater focus on Japan Inc. earnings which saw profit growth of 16 percent in the fiscal year through March
The dollar fell to two-week lows against the safe-haven yen as investors turned cautious amid political worries in Europe as well as weaker stock and commodity markets after a long US holiday weekend.
According to the latest lobbying disclosure reports filed with the US Senate, Nasscom paid a total amount of USD 1,50,000 to its two registered lobbyists in the first quarter of 2017