Major stock indexes in Asia-Pacific traded mixed on Friday following Wall Street's massive selloff fuelled by rising concerns that the Federal Reserve might end up overtightening its monetary policy.
Meanwhile, Japan reported its annual inflation hit a 31-year high to stand at 3.8% in November. The Bank of Japan shared that continuing its easy policy is crucial to reaching the price target.
In mainland China, the Shanghai Composite was flat at 3:00 am CET, while the Shenzhen Composite gained 0.28% a minute later. At 3:02 am CET, South Korea's Kospi Composite dropped 1.53%, while Hong Kong's Hang Seng traded flat simultaneously.
At 3:03 am CET, Australia's S&P/ASX 200 tumbled 0.76% and Japan's Nikkei 225 slipped 1.09%. The dollar traded 0.23% higher against the yen, selling for 132.66550 at 3:04 am CET.
