Asia stocks rise as ECB appears set to cut rates; softer labor market fuels hopes the Fed might follow suitThis is CNBC's live blog covering Asia-Pacific markets.
The Bank of Japan's inflation target of 2% from 2025 onwards may not be met, BOJ policymaker Toyoaki Nakamura said in a speech in Sapporo, Reuters reported Thursday. The Australian bureau of statistics said the decline was driven by metal ores and minerals. Imports to Australia fell 7.2% year on year.
CNBC Pro: This 'quasi monopoly' chip stock will drive AI trend for the next decade, says fund manager Such a phenomenon raises"concerns about policy continuity, economic reforms, and overall investment climate increased market volatility, potential capital outflows, and a slowdown in both foreign direct investment and domestic investment," Dhruba Jyoti Sengupta, CEO of Wrise Private Middle East, told CNBC Pro.