Breaking News: Asia

• Asia-Pacific markets set for lower open ahead of key data from China and Japan - China will release its November retail sales, fixed asset investment and industrial output numbers, while Japan will announce its fourth-quarter Tankan survey.
• Thailand dissolves parliament, heightening political turmoil as Trump seeks to salvage ceasefire with Cambodia - The escalation broke the ceasefire brokered in July by Trump who threatened to halt trade talks with the two countries unless they ended the fight.
• Asia-Pacific markets mostly rise after third Fed cut of the year - Australia started the day higher, while Japan and Hong Kong futures also show a strong open.
• CEO of South Korean online retail giant Coupang resigns over data breach - Coupang said Wednesday that CEO Park Dae-jun resigned due to the data breach incident, which was revealed on Nov. 18
• China consumer inflation hits near two-year high despite deeper-than-expected producer deflation - Economists warned that deflationary pressure on the world's second largest economy will persist into next year, calling for fresh policy stimulus to spur demand.
• Asia-Pacific markets mostly lower following Wall Street losses ahead of Fed rate decision - The U.S. Federal Reserve starts its meeting Dec. 9 stateside, with the decision expected on Dec. 10.
• China's exports rebound in November, massively beating expectations after U.S. trade truce - China's exports jumped more than expected in November as manufacturers rushed to ship out inventory on the back of a trade deal Beijing struck with Washington.
• Australia's economic growth misses estimates, rising 2.1% in the third quarter - Australia's economic grew less than expected in the third quarter, still accelerating at the fastest pace in about two years, driven by investment and consumer demand.
• Asia-Pacific markets rise after Wall Street's tech-fueled recovery - Bitcoin climbed over 7% to cross the $90,000 mark after a sharp sell-off a day earlier.
• China's factory activity unexpectedly contracts in November, missing estimates, private survey shows - The RatingDog China General Manufacturing PMI, conducted by S&P Global, dropped to 49.9 in November, missing analysts' expectations of 50.5 in a Reuters poll.