Asian stocks rise as Wall Street rebounds and inflation slows in Japan: a positive economic outlook in 2024

Asian stocks rise as Wall Street rebounds and inflation slows in Japan: a positive economic outlook in 2024

Asian markets showed resilience on Friday, following a strong recovery on Wall Street and a notable slowdown in inflation in Japan. Tokyo’s Nikkei 225 index saw a solid 1.3% rise, hitting 35,940.50, boosted by declining inflation in Japan for the second consecutive month. Japan’s annual headline inflation rate, which has remained consistently above the Bank…

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