Asian stock markets were mixed Friday after Wall Street hit a record and Japanese inflation eased.
The Shanghai Composite Index SHCOMP, +0.30% rose 0.2% while the Nikkei 225 NIK, +0.38% in Tokyo fell 0.4% and the Hang Seng HSI, -1.80% in Hong Kong sank 0.5%.
Investors are shifting focus from corporate earnings to the longer-term outlook for global economies and whether central banks might feel pressure to cool rising prices by rolling back stimulus faster than planned. On Friday, Japan’s government reported October consumer inflation eased to 0.1% over a year earlier from the previous month’s 0.2%.
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