Major stock market indexes in the Asia-Pacific traded lower on Friday after the People's Bank of China (PBoC) unveiled its decision to temporarily suspend the purchase of treasury bonds due to low supply. Meanwhile, Japanese Economic Revitalization Minister Ryosei Akazawa warned about the risk of disinflation.
Japan's Nikkei 225 decreased by 0.89% or 352 points at 7:19 am CET as the dollar grew by 0.15% against the yen to sell for ¥158.3610. South Korea's Kospi lost 0.17%. Australia's S&P/ASX 200 closed 0.42% lower.
In mainland China, the Shanghai Composite dropped by 0.50% at 7:05 am CET. The Shenzhen Composite declined by 0.97%. In Hong Kong, the Hang Seng slid by 0.79% or 151 points at 7:21 am CET.
