Asia stocks mostly fall after cooler-than-expected Japan inflation data; yen nears 159 against dollar
Publishing timestamp: 2024-06-21 03:40:20
Summary
Japan's core inflation rate came in lower than expected, causing Asia-Pacific markets to mostly fall. Softbank's shares dropped after CEO mentioned need for "immense capital." Yen weakened against U.S. dollar. India's Nifty 50 index dropped after hitting record high. South Korea and Japan finance ministers to meet for bilateral cooperation. Mainland China's CSI 300 and Hong Kong's Hang Seng index declined. Australia's S&P/ASX 200 ticked up. U.S. markets closed lower with Nvidia slipping.
Sentiment: MIXED
Tickers: .SPX, .KS11, .N225, 9984.T-JP, .HSI, .DJI, JPY=, .IXIC, .AXJO,
Keywords: usd/jpy, softbank group corp, business news, breaking news: markets, asia economy, nikkei 225 index, s&p 500 index, kospi index, world markets, markets,
Source: https://www.cnbc.com/2024/06/21/asia-markets.html