Other support factors for Asian markets included better-than-expected operating results from South Korean memory chip maker Samsung and reports that China is considering new stimulus measures.
Japan’s October Reuters Tankan Index 4.0 (last 4.0); Machine Tool Orders -11.2% yr/yr (last -17.5%)
South Korea’s August Current Account $4.81 bln (last $3.74 bln)
Kyodo reported that the Bank of Japan is thinking about raising its FY23 core CPI forecast to 3.0% from 2.5%.