Investing.com– Most Asian stocks were higher on Friday with Japanese shares surging after a stronger-than-expected Tokyo inflation reading, while South Korean shares slumped amid an ongoing political unrest in the country.
Some Bank of Japan policymakers saw conditions aligning for a near-term rate hike, with one predicting action"in the near future," according to a summary of opinions from December's meeting.fell at a reduced pace in November, according to official data released on Friday, offering some relief to the struggling sector, though weak domestic demand continues to hamper recovery efforts.
Markets were holding out for more clarity on Beijing’s plans for stimulus measures in the coming year. Recent reports suggested that the country will ramp up fiscal spending to support economic growth. The push to impeach Han has deepened the crisis, placing the nation's democracy in uncertain waters and drawing concern from allies.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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