Asia stocks drop on geopolitical tensions, Nikkei hit by strong inflation print

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Asia stocks drop on geopolitical tensions, Nikkei hit by strong inflation print

Investing.com-- Most Asian stocks fell on Friday as an escalation in the Russia-Ukraine war dented risk appetite, while Japan's Nikkei dropped as the yen surged on strong inflation data.

Russia on Thursday launched a second big attack on Ukraine's energy infrastructure this month, as Moscow ramped up its offensive against Ukraine over Kyiv's use of Western-made weapons. President Vladimir Putin threatened to use new ballistic missiles to hit"decision-making centres" in the Ukrainian capital.slumped nearly 2%, led by declines in big-cap tech shares amid concerns about an economic slowdown.

Chinese markets saw some relief following reports that the U.S. may impose less severe sanctions on China's semiconductor industry than compared to previous proposals. Hong Kong listed shares of Semiconductor Manufacturing International Corp (HK:marked modest growth for the second month in a row in November, according to a Reuters poll. The reading comes as Beijing doled out a slew of key stimulus measures in recent months.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks fall after Trump threatens tariffs, Japan's Nikkei leads lossesAsia stocks fall after Trump threatens tariffs, Japan's Nikkei leads losses
Source: Investingcom - 🏆 450. / 53 Read more »

Japan's Nikkei 225 leads losses in Asia; China stocks cheer better-than-expected PMI dataAsian traders assess third-quarter producer prices data from Australia and Caixin China manufacturing purchasing managers’ index reading for October.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Stock market today: Japan leads losses in Asia after sharp decline on Wall St driven by Big TechAsian stocks are mostly lower, with Japan’s benchmark Nikkei losing over 2% in early trading.
Source: ksatnews - 🏆 442. / 53 Read more »