Asia trades mixed after Japan's inflation report - Breaking The News
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Asia trades mixed after Japan's inflation report

EPA-EFE/ALEX PLAVEVSKI

Major stock indexes in Asia traded mixed on Friday after the Japanese government released the latest report on inflation. The July data indicated annual inflation stayed unchanged from June at 3.3%, with core inflation at 4.3%. The Chinese property developer Evergrande Group filed for bankruptcy in New York, fueling concerns for the health of the country's real estate sector and its wider global impact.

The Nikkei 225 declined just 0.05% at 4:18 am CET, the Kospi Composite stood flat, and Hang Seng lost 0.15%. A minute later, the S&P/ASX 200 grew by 0.25%, the Shanghai Composite added 0.40%, and the Shenzhen Composite dropped 0.27%.

The dollar traded 0.25% lower compared to the yen at 4:20 am CET and went for 145.4775.

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