Asian Shares Start Week Higher as Manufacturing Outlook Improves

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Asian Shares Start Week Higher as Manufacturing Outlook Improves
Asian Shares,Manufacturing,China

Shares began the week with a positive trend in Asia, driven by gains in China, following monthly surveys indicating improved manufacturing conditions. Both official and private sector surveys highlighted strong new orders and export orders, potentially influenced by U.S. importers' efforts to secure goods before potential tariff changes under the new U.S. administration.

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A person looks at an electronic stock board showing Japan’s Nikkei index at a securities firm Friday, Nov. 29, 2024, in Tokyo. A person looks at an electronic stock board showing Japan’s Nikkei index at a securities firm Friday, Nov. 29, 2024, in Tokyo. A person looks at an electronic stock board showing Japan’s Nikkei index at a securities firm Friday, Nov. 29, 2024, in Tokyo.

He noted that investors are also anticipating further moves by authorities in China to boost the economy ahead of Trump’s inauguration next month.Thousands march in Serbia to mark 1 month since a roof collapse killed 15 peopleHong Kong’s Hang Seng gained 0.2% to 19,468.27, while the Shanghai Composite index jumped 1% to 3,360.38. Taiwan’s Taiex surged 2.4%.Automaker Nissan Motor Corp.

Some retailers advanced as Black Friday unofficially kicked off the holiday shopping season, although retailers had been offering early deals for weeks. Macy’s and Best Buy each gained around 2%.

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Asian Shares Manufacturing China Export Orders U.S. Importers

 

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