South Korea’s GDP grew 2.3% year on year, lower than the 2.5% expected by economists polled by Reuters.
Investors will assess South Korea's advance second-quarter GDP numbers, which came in slightly below expectations.
South Korea's GDP grew 2.3% year on year, lower than the 2.5% expected by economists polled by Reuters. On a quarter on quarter basis, the country's economy shrank 0.2%, compared to a 0.
Seperately in Asia. investors will assess South Korea's advance second-quarter GDP numbers, which came in slightly below expectations. South Korea's GDP grew 2.3% year on year, lower than the 2.5% expected by economists polled by Reuters. On a quarter on quarter basis, the country's economy shrank 0.2%, compared to a 0.1% rise expected in the Reuters poll and a reversal from the 1.3% growth seen in the first quarter.lost 1.8%, while the Kosdaq was down 2.32%. The index was dragged by heavyweight SK Hynix, which also fell 6%.Operating profit came in at 5.47 trillion won, its highest in six years. Net profit stood at 4.
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Japan's Nikkei tumbles nearly 3% as Asia-Pacific markets fall, tracking Wall Street sell-offSouth Korea’s GDP grew 2.3% year on year, lower than the 2.5% expected by economists polled by Reuters.
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Japan's Nikkei falls 2% amid suspected yen intervention as Asia-Pacific markets trade mixedThe yen traded at 158.55 against the U.S. dollar at roughly 12 a.m. Tokyo time after trading around 161.52 late Thursday.
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Japan's Nikkei 225 declines after hitting fresh all-time highs as Asia markets mostly fallBoth the Nikkei and the the broad-based Topix faltered and dipped from their record highs earlier in the session.
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Japan's Nikkei crosses 41,000 mark to hit fresh all-time high amid mixed Asia marketsThe Nikkei gained 0.22% to extend its run from Thursday, but the broad-based Topix faltered and dipped from its record, sliding 0.15%.
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Asia-Pacific markets rise as investors assess Japan economic data and await U.S. inflation readingInvestors will be keeping an eye on the yen, as well as key inflation and factory data out of Japan.
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Asia-Pacific markets fall after Japan's yen weakens to a near 38-year lowThe Japanese yen weakened to a near 38-year low late Wednesday, dropping to 160.82 against the U.S. dollar, according to FactSet data.
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