Asia markets mostly fall as investors assess China's stimulus pledges; South Korea stocks climb

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

News News

United States United States Latest News,United States United States Headlines

Investors also assessed the Bank of Japan’s Tankan survey, which showed a higher-than-expected optimism among large Japanese manufacturers.

, which gained 0.23%, while the small-cap Kosdaq rose 1.01%. Internet firm Kakao gained over 5%, with many of its subsidiaries seeing huge gains.SEC charges Cantor Fitzgerald, led by Trump's Commerce pick, with breaking securities laws

India will also release its wholesale inflation figures for November later in the day. Economists polled by Reuters expect India's wholesale inflation rate to come down to 2.2% from October's 2.36%. The country's, which measures wholesale inflation, climbed 0.4% for November, higher than the Dow Jones estimate of 0.2%. On an annual basis, PPI advanced 3%, its biggest rise since the 12 months ended February 2023.

There is no consensus within the central bank on the final decision, with some in the board still believing Japan has met the conditions for raising rates in December, the sources said. The decision will depend on the conviction each board member holds on the likelihood of Japan achieving sustained, wage-driven price rises.

HSBC is sticking to its"cautiously constructive" stance on them in 2025, as U.S. President-elect Donald Trump prepares to return to office in January.

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:

 /  🏆 569. in US
 

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

United States United States Latest News, United States United States Headlines