Tuesday, 16 December 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Asian markets plunge as traders assess Tokyo inflation, South Korean manufacturing
Friday, 29 November 2024 08:45 WIB | ASIA |Saham Asia

Asia-Pacific markets started trading lower on Friday, with investors assessing November inflation figures from the Japanese capital, Tokyo, and industrial production figures from South Korea.

Tokyo's headline inflation rate came in at 2.6% in November, up from 1.8% seen in October.

Core inflation, which excludes fresh food costs, rose to 2.2% compared with a Reuters poll's expectation of 2.1%.

Tokyo's inflation figures are widely seen as an indicator of national trends.

Separately, South Korea's industrial production rose 2.3% year-on-year in October, reversing a 1.3% decline in September.

South Korea's Kospi led losses in the region, down 1.38%, while the small-cap Kosdaq was over 1% lower.

Japan's Nikkei 225 fell 0.72% after the inflation data release, while the broad-based Topix was 0.50% lower.

Australia's S&P/ASX 200 fell 0.52%.

Futures for Hong Kong's Hang Seng index stood at 19,455, pointing to a stronger open compared to the HSI's close of 19,366.96.

Source: CNBC

RELATED NEWS
Asian Stocks Fall Following Wall Street's Correction...
Friday, 21 November 2025 07:24 WIB

Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like cry...

Asia-Pacific markets trade higher, tracking Wall Street gains...
Friday, 12 September 2025 07:36 WIB

Asia-Pacific markets traded higher, tracking Wall Street gains overnight. Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South Kor...

China Manufacturing Shrinks for 3rd Month...
Monday, 30 June 2025 09:46 WIB

China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity. It wa...

China Services Sector Growth Hits 3-Month High ...
Monday, 31 March 2025 09:07 WIB

China's official NBS Non-Manufacturing PMI rose to 50.8 in March 2025, up from 50.4 in February, marking the highest reading in three months and exceeding market expectations of 50.5. The new orders ...

Japan Production Rises Most in 11 Months Ahead of New US Tariffs ...
Monday, 31 March 2025 07:48 WIB

Japan's industrial production grew at the fastest clip in nearly a year, as manufacturers sought to meet strong demand before the US implements new tariffs on autos and auto parts. Factory output&nbs...

LATEST NEWS
Gold Prices Fell Slightly As Investors Became More Cautious Ahead Of Year-End US Economic Data

Gold prices fell on Tuesday (December 16th), as investors became more cautious ahead of crucial US jobs and inflation data, which could provide clues to Federal Reserve policy heading into the new year. Spot gold prices fell 0.3% to $4,290.33 an...

Oil Prices Fall On Russia-Ukraine Peace Deal Talks And Weak Chinese Economic Data

Oil prices fell on Tuesday (December 16), adding to the previous session's losses, as prospects for a Russia-Ukraine peace deal appeared to strengthen, raising expectations of potential sanctions relief. Brent crude futures fell 89 cents, or about...

Silver Plunges, Here's the Culprit!

Today's decline in silver prices was primarily driven by the strengthening of the US dollar and rising US Treasury yields. Solid US economic data and hawkish statements from central bank officials fueled expectations that interest rate cuts would...

POPULAR NEWS
Williams says Fed policy in good position, sees inflation moderating in 2026.
Monday, 15 December 2025 23:13 WIB

New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...

Asian Stocks Are in the Red Again - A Sign the AI ​​Bubble Is Starting to Burst?
Monday, 15 December 2025 07:30 WIB

Asian markets opened lower in the last full trading week of 2025, fueled by concerns about the prospects for tech company profits and growing AI...

Stocks Jump in Broad Advance as Investors Bet Data This Week Will Show Strong Economy, Tame Inflation
Monday, 15 December 2025 21:47 WIB

Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...

Euro Weakens Slightly, Dollar Slowly Rebounds, Trend Reversal or Just a Breather?
Monday, 15 December 2025 08:23 WIB

Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10%...