Asia stocks up as Japan’s Nikkei jumps, S Korea shares slump amid political crisis
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. U.S. stock index futures were largely unchanged in Asian…
Japan stocks higher at close of trade; Nikkei 225 up 1.77%
Investing.com – Japan stocks were higher after the close on Friday, as gains in the Shipbuilding, Automobiles & Parts and Chemical, Petroleum & Plastic sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 1.77% to hit…
Russia’s inflation reaches 9.5% this year, weekly data shows
MOSCOW (Reuters) – Russia’s inflation has reached 9.5% this year, according to new weekly data showing that the consumer price index rose by 0.33% in the week leading up to Dec. 23, the statistical agency Rosstat reported on Wednesday. This…
Japan says its economy likely to mark first positive output gap in 7 years
TOKYO (Reuters) – Japan’s government said on Thursday it predicts economic output will recover to full capacity in the next fiscal year for the first time in seven years on an annual basis due to a tight labour market. Japan’s…
Dollar stays resilient, Asia shares get festive lift
By Rae Wee SINGAPORE (Reuters) – Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the week with little news or data in the way to alter their direction of travel, while the dollar was…
World bank raises China’s GDP forecast for 2024, 2025
(Reuters) – The World Bank on Thursday said it raised its forecasts for China’s gross domestic product growth for 2024 and 2025 to account for the effect of recent policy easing and near-term export strength. China’s GDP growth is now…