Asia-Pacific Markets React to Economic Data
Following the release of economic data in Japan, major stock markets in the Asia-Pacific region showed mixed results on Friday afternoon. Japan's Nikkei 225 slipped by 0.11%, while South Korea's Kospi Composite saw a slight increase of 0.23%. Meanwhile, Australia's S&P/ASX 200 increased by 0.51%, and in mainland China, the Shanghai Composite dipped by 0.44%.
Economic Pressures in South Korea
South Korea reports increasing pressure on its economy, primarily due to a slowdown in exports amid trade uncertainty. This comes as the US dollar traded 0.35% lower against the yen, selling for ¥145.18150.
Market Performance Across the Region
Hong Kong's Hang Seng lost 0.60%, while the Shenzhen Composite added 0.41%. These fluctuations highlight the varying impacts of global trade uncertainties on regional markets.
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