S Korea cuts interest rates to record low amid Mers concerns

South Korea's central bank has cut interest rates to a record low, amid a deadly outbreak of the Middle East Respiratory Syndrome (Mers).

China's new home prices fall for eighth month

The price of new homes in China fell for the eighth consecutive month in April, showing the property sector continues to be a major drag on the world's second-largest economy.

China's September trade data beats expectations

China's exports and imports in September were far higher than expected, according to official data. Exports were 15.3% higher than last year, while imports rose 7%, giving a trade surplus of $31bn for the month.