Asia markets trading higher as China stimulus plans boost sentiment; Aussie rate decision in focus

Asia markets trading higher as China stimulus plans boost sentiment; Aussie rate decision in focus

Statues of bulls in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Oct. 21, 2024.  Qilai Shen | Bloomberg | Getty Images Asia-Pacific markets are trading mostly higher Tuesday, following losses on Wall Street that saw the S&P 500 and Nasdaq Composite pull back from record highs ahead of key inflation data. Traders in Asia assessed Beijing’s announcement…

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South Korea stocks lead declines in Asia as its industrial production contracts in October; China up 2%

South Korea stocks lead declines in Asia as its industrial production contracts in October; China up 2%

People crossing street in Tokyo’s busy Akihabara downtown area Leopatrizi | Istock | Getty Images Asia-Pacific markets mostly lost ground on Friday, led by losses in South Korean stocks after its industrial production declined for a second straight month in October. South Korea’s industrial production growth fell 0.3% last month compared to September, which also…

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Asia-Pacific markets mixed as investors assess China industrial profits, Australia inflation data

Asia-Pacific markets mixed as investors assess China industrial profits, Australia inflation data

Employees work on the assembly line of an intelligent factory of SERES Automobile Co., Ltd in Chongqing, China on July 19, 2022.  Vcg | Visual China Group | Getty Images Asia-Pacific markets were mixed Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records. China’s industrial…

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Asia markets lower after major U.S. indexes slip

Asia markets lower after major U.S. indexes slip

A bronze bull statue outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, June 3, 2024. India’s stock futures jumped after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s ruling party in general elections that concluded Saturday. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images…

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China rally loses steam as authorities disappoint markets; Hong Kong stocks plunge more than 6%

China rally loses steam as authorities disappoint markets; Hong Kong stocks plunge more than 6%

A customer watches stock market at a stock exchange in Hangzhou, China, on September 27, 2024.  Costfoto | Nurphoto | Getty Images SINGAPORE — The rally in Chinese markets lost steam on Tuesday after a briefing from the country’s National Development and Reform Commission provided few details on further stimulus. While mainland China’s CSI 300…

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