Asia-Pacific markets mostly fell Monday after Wall Street logged its worst session of the year last Friday as U.S. economic data pointed to a slowing economy and sticky inflation. Hong Kong's Hang Seng index was down 0.37%, after notching a nearly three-year high in its previous session. Mainland China's CSI300 index fell 0.26% in choppy trading. Indian stocks continued to be in negative territory, with the Nifty 50 down 1.01%, while the BSE Sensex index fell 0.99%. In South Korea, the Kospi ended the day 0.35% lower at 2,645.27, while the small-cap Kosdaq was closed down 0.17% at...
Japanese stocks closed to commemorate the birthday of the Japanese emperor
(Hong Kong) The Hang Seng Index opened down by 5 points, or 0.02%, at 23,472 points, while the Hang Seng China Enterprises Index rose by 3 points, or 0.04%, to 8,670 points. The Technology Index also experienced a modest increase, gaining 5 points, or 0.09%, to reach 5,864 points. Technology stocks showed a generally strong performance, with Tencent rising by 0.9% and Tencent Music surging by 9.2% after being included in the Tech Index. Other notable gains included Meituan, which increased by 1.1%, and Xiaomi, up by 0.9%. Alibaba saw a slight rise of 0.2%, while JD.com edged up by 0.1%....
Asia-Pacific markets were set to fall Monday, after Wall Street logged its worst session of the year last Friday on lackluster U.S. economic data that pointed to a slowing economy and sticky inflation.Australia's S&P/ASX 200 extended losses to a sixth straight session, opening 0.81% lower.Futures for Hong Kong's Hang Seng index last traded at 23,397, pointing to a weaker open compared to the HSI's Friday close of 23,477.92.Japanese markets are closed for a public holiday.Singapore is slated to release its inflation numbers for January later in the day. A Reuters' poll forecasts the...