Investors in Asia parsed through the Reuters Tankan survey from Japan for January which showed improved business sentiment among Japanese companies.
Asia-Pacific markets rose Wednesday, following a softer-than-expected inflation data from the U.S. that sent two key Wall Street benchmarks higher overnight., which measures wholesale inflation, climbed just 0.2% in December, according to the Bureau of Labor Statistics. Economists polled by Dow Jones had estimated a 0.4% rise. Core PPI, which excludes food and energy, came in flat.
The country's unemployed population increased by 171,000 people or 18.1% year on year to 1.12 million in the last month of 2024.The portfolio manager behind an outperforming Hong Kong-listed exchange traded fund expects the AI growth rally to continue in 2025.'s Chief Investment Officer Beck Lee said the fund relies on proprietary research that combines macroeconomic factors with company fundamentals to make stock picks.
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