Asian Markets Waver Amid Inflation Concerns and Mixed Data
TL;DR Summary
Asian markets saw mixed performances with South Korean stocks leading declines due to a drop in industrial production for the second consecutive month. The Kospi and Kosdaq indices fell, while China's CSI 300 rose by 2% amid expectations of stabilizing home prices. Japan's inflation data showed an increase, influencing the yen's appreciation. Meanwhile, India's economic growth is projected to slow, and Australia's competition watchdog approved an interim partnership between Virgin and Qatar Airways. Additionally, India's competition authority is investigating Google's gaming app policies.
- Asia markets mostly fall as traders assess Tokyo inflation print and South Korea manufacturing data CNBC
- Stock market today: Asian shares are mixed, with US markets closed for Thanksgiving The Hill
- Asia stocks retreat as US inflation data fuels rate outlook concerns Investing.com
- Asian Stocks to Slip as Treasury Trading Resumes: Markets Wrap Bloomberg
- Equity markets fluctuated in Asia after a negative day on Wall Street Islander News.com
Reading Insights
Total Reads
0
Unique Readers
3
Time Saved
4 min
vs 5 min read
Condensed
91%
914 → 83 words
Want the full story? Read the original article
Read on CNBC