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China leads Asia market declines as property stocks plunge; Japan service inflation heats up - TL;DR CNBC

China leads Asia market declines as property stocks plunge; Japan service inflation heats up

Publishing timestamp: 2023-11-27 02:57:15


Summary

The article discusses the decline in Asia-Pacific stocks, particularly in China due to the decline in property firms. It also mentions Japan's service inflation reaching a 45-month high. The article provides updates on various indices and stocks, including the Dow, and highlights the performance of certain companies like Walmart, Target, and Amazon during the holiday shopping season. It also mentions the investigation of a Chinese shadow bank and the need for more stimulus in China. The article briefly discusses the passing of the CEO of Sumitomo Mitsui Financial Group and the performance of certain cryptocurrencies like Bitcoin and Ether. It concludes with a survey showing increased bullishness among individual investors.


Sentiment: MIXED

Tickers: .N225.SSECETH.CM=.SPX3380-HK700-HK.KS11@LCO.1WMT.AXJOBABAAMZN.SZIBTC.CM=JPY=960-HK.HSIXRTAUD=2202-HK.IXIC1918-HKSOL.CM=BIDUCATBAVZ.DXY@CL.1.DJITRVWBA

Keywords: marketsasia economyusd/jpynikkei 225 indexeconomic eventshang seng indexaustralian dollar/us dollar fx spot ratebreaking news: asiashanghaikospi indexice brent crude (apr'23)shenzhen component indexbusiness newsbreaking news: marketswti crude (mar'23)dxy us dollar currency indexs&p/asx 200world marketspricesaustralia

Source: https://www.cnbc.com/2023/11/27/asia-stock-markets-today-live-updates-china-industrial-profit.html


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