Data last Friday showed China's youth unemployment rate rose for a second straight month to its highest level this year, according to the National Bureau of Statistics, as the labor market cools down amid a weakening economy.

The Asia-Pacific secondaries market is one of the most fascinating corners of the global secondaries landscape. This region typically never accounts for more than single-digit figures in terms of global deal volume share – yet some of the most innovative transactions have come out of the APAC market over the years.

Most stock markets in the Gulf were mixed on Wednesday as some caution crept in over the size of an expected U.S. interest-rate cut in the Federal Reserve's monetary policy announcement later in the day.