Consumer spending was the biggest driver of the raised estimate.
Global business confidence slipped to five-year low in October, according to a survey of 6,100 companies.
The U.K. bank is now hiring in the Asia-Pacific region to refocus its investment-banking business.
Survey ranks Singapore the best country to do business for a ninth consecutive year.
Asian shares shrugged off early losses on Wednesday, while the dollar was close to 14-month high.
Investors breathed easier over the crisis in Ukraine, which had appeared to escalate on Friday.
Asian stocks rose as tensions eased slightly in Ukraine, while the dollar held steady against the safe-haven yen.
Asian stocks shrugged off a drop in Wall Street and hovered near three-year highs on Monday.
Some markets focused on company earnings more than geopolitical tensions while the Australian dollar spiked.
Asian equities dipped on Thursday, giving up earlier modest gains as Chinese shares fell.
Copyright © 2014. All rights reserved.