Asia-Pacific markets set for mixed open; Australia inflation data in focus

Asia-Pacific markets set for mixed open; Australia inflation data in focus


The Australian flag is in front of Christiansborg Palace in Copenhagen, Denmark, on January 14, 2024. 

Kristof Z. Markovics | Nurphoto | Getty Images

Asia-Pacific markets were set for a mixed open Wednesday after key Wall Street benchmarks rose, with the Nasdaq Composite closing at a new record high as tech stocks gained.

Traders in Asia will assess consumer price data out of Australia, with inflation for the quarter ended in September expected to fall to 2.9%, down from 3.8% in the previous quarter.

Australia’s S&P/ASX 200 opened 0.23% lower.

Japan’s Nikkei 225 futures pointed to a higher open for the market, with the contract in Chicago at 39,255 and its counterpart in Osaka at 39,160 compared to the index’s previous close of 38,903.68.

Hong Kong Hang Seng index futures were at 20,746, higher than the index’s last close of 20,701.14.

In the U.S., the tech-heavy Nasdaq rose 0.78% to close at a record high of 18,712.75.

The S&P 500 added 0.16% to close at 5,832.92, while the Dow Jones Industrial Average fell 154.52 points, or 0.36%, to end at 42,233.05.

— CNBC’s Hakyung Kim and Alex Harring contributed to this report.



Source

Meta urges Australia to rethink under-16 social media ban after blocking over 500,000 accounts
World

Meta urges Australia to rethink under-16 social media ban after blocking over 500,000 accounts

Australia blocked teens from using social media in December in a new regulation. George Chan | Getty Images News | Getty Images Meta has issued new pleas to the Australian government to reconsider its recently enforced social media ban for under 16s, after the tech giant blocked over half a million accounts on its platforms […]

Read More
India inflation accelerates to 1.33% in December, driven by higher food prices
World

India inflation accelerates to 1.33% in December, driven by higher food prices

A shopkeeper arranges Santa Claus decorative items displayed at a market ahead of the Christmas celebrations in Srinagar, Jammu and Kashmir, on December 9, 2025. (Photo by Firdous Nazir/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images India’s consumer inflation rose to 1.33% in December accelerating from 0.71% in the prior month. The headline […]

Read More
Trump threatens to sideline Exxon from Venezuela’s oil: ‘They’re playing too cute’
World

Trump threatens to sideline Exxon from Venezuela’s oil: ‘They’re playing too cute’

Darren Woods, chairman and chief executive officer Exxon Mobil Corp., during a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9, 2026. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump threatened to sideline Exxon Mobil from Venezuela’s energy market, saying he didn’t […]

Read More