SHANGHAI
Jihye Lee
Stocks in the Asia-Pacific traded higher on Friday as Wall Street’s major indexes gained after the U.S. economy grew more than expected. Government data showed the economy expanded at an annualized rate of 2.9% during the fourth quarter, higher than expectations.
Lee Ying Shan
Asia-Pacific shares traded mixed on Wednesday, taking the lead from Wall Street’s struggle for direction as China and Hong Kong markets remain closed for the Lunar New Year holidays.
Jihye Lee
Markets in the Asia-Pacific traded higher as Lunar New Year holidays were observed in most of the region.
Jihye Lee
Markets in the Asia-Pacific traded mostly higher on Friday as investors digested Japan’s inflation data. The nationwide core consumer price index rose 4% in December on an annualized basis, the fastest pace since 1981.
Lee Ying Shan
Shares in the Asia-Pacific traded lower on Thursday after tracking losses on Wall Street overnight.
Jihye Lee
Asia-Pacific markets traded mixed Tuesday as investors await a slew of Chinese economic data. Economists are expecting a quarterly contraction of 0.8% in the nation’s gross domestic product and 1.8% annualized growth, according to a poll by Reuters.
Jihye Lee
Markets in the Asia-Pacific were set to trade mixed as expectations of cooled inflation in the U.S. lifted investor sentiment in the region.
Lee Ying Shan
Asia-Pacific shares notched gains as investors look ahead to the U.S. consumer price index report Thursday. Economists expect inflation to have cooled in December, which could signal to the Federal Reserve that previous interest rates hikes have had their intended effects.
Lee Ying Shan
Asia-Pacific shares traded higher as investors looked ahead to the U.S. consumer price index, which would set the Federal Reserve’s trajectory in its attempt to tackle inflation after raising rates seven times in 2022.
Jihye Lee
Asia-Pacific markets traded mixed after the Nasdaq Composite extended gains for a second day on Wall Street. Technology stocks helped the index skirt losses Monday as traders added to bets that inflation may be easing.
