Asia-Pacific markets mixed South Korea economy grows slowest in 12 months

Asia-Pacific markets mixed South Korea economy grows slowest in 12 months


Buyers at the purchasing road in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022.

Woohae Cho | Bloomberg | Getty Illustrations or photos

Shares in the Asia-Pacific were mixed Thursday as buyers digest economic knowledge in the location.

Japan’s Nikkei 225 was a little bit decreased in early trade whilst the Topix shed .29%.

In Australia, the S&P/ASX 200 rose .46%. The Kospi included .7%, though the Kosdaq gained .57%.

The MSCI’s broadest index of Asia-Pacific shares outside Japan was .51% greater.

South Korea’s third-quarter GDP grew .3% from the previous quarter, according to official advance info – the slowest growth given that the third quarter of 2021. China is thanks to report industrial revenue for September and the Lender of Japan begins its two-day assembly on financial policy Thursday.

In corporate information, Samsung Electronics declared its 3rd quarter earnings right after releasing estimates earlier this month.

Right away on Wall Avenue, the Nasdaq fell 2.04% to shut at 10,970.99. The S&P 500 lose .74% to 3,830.60. The Dow Jones Industrial Typical attained 2.37 details, about flat for the day and ending at 31,839.11.



Resource

Don’t just bet on the U.S. rally. UBS sees ‘best opportunities’ in Asia, bonds and gold
World

Don’t just bet on the U.S. rally. UBS sees ‘best opportunities’ in Asia, bonds and gold

UBS is urging investors not to rely solely on the ongoing rally in U.S. equities, arguing that diversification into select Asian markets, higher-quality bonds, and gold will be critical to building more resilient portfolios over the next 12 months. The Swiss bank expects the U.S. bull market to extend, supported by an accommodative Federal Reserve, […]

Read More
China’s industrial profits surge 21.6% in September, biggest jump in nearly two years
World

China’s industrial profits surge 21.6% in September, biggest jump in nearly two years

Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing | VCG | Visual China Group | Getty Images China’s industrial profits soared 21.6% in September from a year ago, the National Bureau of Statistics […]

Read More
Argentina’s midterm election hands landslide win to Milei’s libertarian overhaul
World

Argentina’s midterm election hands landslide win to Milei’s libertarian overhaul

Argentina’s President Javier Milei addresses the audience during the World Economic Forum (WEF) annual meeting in Davos on January 23, 2025. Milei said at a Bloomberg event on January 22, 2026 that “The world should celebrate the arrival of President Trump,”before Donald Trump will star on January 23, 2025 in an eagerly-anticipated online appearance at […]

Read More