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☆ Asia-Pacific markets set to rise as investors assess Japan inflation data
▼ + stars: | 2024-11-22 | by ( Anniek Bao | ) www.cnbc.com time to read: +1 min

The Tokyo Tower, left, and commercial and residential buildings in Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Photographer: Akio Kon/Bloomberg via Getty ImagesAsia-Pacific markets were set to open higher Friday, tracking a rally on Wall Street, with the S&P logging gains for a fourth straight day. Investors in Asia will assess Japan's October consumer price index data. Singapore is also set to release its third-quarter GDP data, with growth anticipated to accelerate to 4.6% year on year from 4.1% in the prior quarter, according to LSEG data. Hong Kong's Hang Seng index futures were flat from its last close at 19601.11.

Persons: Akio Kon Organizations: Bloomberg, Getty Images, Investors, Reuters, Nikkei Locations: Tokyo, Minato district, Japan, Getty Images Asia, Pacific, Asia, Singapore, Chicago, Osaka, 19601.11

☆ Asia-Pacific markets trade mixed as investors weigh China stimulus, oil gains
▼ + stars: | 2024-10-03 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: 1 min

The Tokyo Tower, left, and commercial and residential buildings in Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Photographer: Akio Kon/Bloomberg via Getty ImagesSINGAPORE — Asia-Pacific markets traded mixed on Friday following losses on Wall Street, with concerns over Middle East tensions keeping investors on edge in the run up to September's U.S. payrolls report. Hong Kong's Hang Seng index futures were at 22,091, lower than the HSI's last close of 22,113.51. Markets in mainland China will reopen on Oct. 8. Chinese stocks had been on a tear after authorities announced a slew of support measures last week.

Persons: Akio Kon, Australia's Organizations: Bloomberg, Getty Images, Nikkei Locations: Tokyo, Minato district, Japan, Getty Images SINGAPORE, Asia, Pacific, China

☆ Asia markets poised for mixed open ahead of Tokyo inflation data, Bank of Japan December meeting minutes
▼ + stars: | 2024-01-26 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

The U.S.' personal consumption expenditures price index, excluding food and energy, climbed 2% in the final quarter of 2023, while headline inflation rose 1.7%. Japan's Nikkei 225 was set to fall ahead of its January inflation reading from Tokyo — widely considered to be a leading indicator for nationwide inflation. The Nikkei futures contract in Chicago was at 36,000, and its counterpart in Osaka at 36,050, against the index's last close of 36,236.47. Investors will also be watching out for minutes of the Bank of Japan's final meeting of 2023. Separately, futures for Hong Kong's Hang Seng index stood at 16,079, pointing to a weaker open compared with the HSI's close of 16,211.96.

Persons: Dow Jones Organizations: Bloomberg, Getty, Gross, U.S, Nikkei, Bank of Japan's Locations: Minato, Tokyo, Japan, Asia, Pacific, U.S, Australia, Chicago, Osaka

Commercial and residential buildings at dusk in the Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Asia-Pacific markets are largely set for a stronger open as investors assess key economic data out from Japan on Friday. The world's third largest economy saw its core inflation rate rise to 2.9% in October, higher than the 2.8% seen in September. The country will also expect flash estimates for its November factory activity from the au Jibun bank.

Locations: Minato, Tokyo, Japan, Asia, Pacific

☆ Tokyo’s Meiji Jingu Gaien redevelopment plan sparks protests
▼ + stars: | 2023-10-03 | by ( Emiko Jozuka | ) edition.cnn.com time to read: +11 min

Last month the International Council on Monuments and Sites (ICOMOS), a UNESCO advisory body, issued a “heritage alert” for Jingu Gaien. Nishikawa believes that the commercial nature of the redevelopment “breaks the promise” of keeping the Jingu Gaien as a public space. Protesters gather for a demonstration at Meiji Jingu Gaien on September 15, 2023. Work commenced at the Meiji Jingu Gaien site in March. “They need to go back to the drawing board and use a much more democratic process to decide the future of Jingu Gaien.”

Persons: Hiroshi Ono, Meiji Jingu Gaien, ”, Emperor Meiji, Emperor Naruhito, Babe Ruth, Daniel Campisi, Jingu Gaien, Naoko Nishikawa, Nishikawa, Shinji Isoya, Gaien, CNN Shinji, Mitsui Fudosan, Hajime Funada, Meiji Jingu, Kiyotatsu Yamamoto, Rochelle Kopp, Jingu, Mikiko Ishikawa, Ishikawa, Kopp, ” Daniel Campisi, CNN Yamamoto, ” Kopp Organizations: Japan CNN, Tokyo, CNN, Chichibunomiya Rugby, Tokyo Metropolitan Government, Council, UNESCO, CNN Tokyo, Mitsui Fudosan, Japan’s, Protesters, Meiji, Liberal Democratic Party, University of Tokyo, Japan National, Co, World Cities Culture Forum, Properties, “ Locations: Tokyo, Japan, Meiji, Tokyo’s, Shinjuku, Minato, ”, New, New York, London

The Tokyo Tower, left, and commercial and residential buildings at night in Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Photographer: Akio Kon/Bloomberg via Getty ImagesAsia-Pacific markets are set to rise on Friday after more inflation data out from the U.S. came in softer than expected, raising optimism that inflation could come down without weakening the labor market. "Most stock and bond index prices rose today as economic data indicates inflation has fallen quickly and the labor market remains strong," Bill Merz, senior investment director at U.S. Bank Wealth Management. June's producer price index rose less than anticipated, climbing 0.1% year on year, compared to the 0.2% expected by economists polled by Dow Jones. Hong Kong's Hang Seng index also looks set to continue its rally after surging more than 2.5% on Thursday.

Persons: Akio Kon, Bill Merz, Dow Jones Organizations: Bloomberg, Getty Images, U.S, Bank Wealth Management, Core PPI, Nikkei Locations: Tokyo, Minato district, Japan, Getty Images Asia, Pacific, U.S, Chicago, Osaka, Australia

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