Asia Stock Market News Today
Japan's stock indexes rebounded following solid quarterly results from Nvidia Corp., the company at the center of the AI-driven market rally. The Japanese yen dropped to a 10-month low ahead of the release of Prime Minister Takaichi's stimulus plan.

CICC agreed to acquire two smaller rivals and create the fourth-largest brokerage house in China, as the central government encourages industry consolidation.

The Prime Minister Takaichi's extra-budget size stoked debt fears, 10-year bond yield rose to a fresh 17-year high, and the yen hovered at a 10-month low. Japan's core machinery orders accelerated in September, signaling robust capital spending.

Caution prevailed in Hong Kong trading, and investors avoided expensive AI-linked stocks ahead of the release of Nvidia's quarterly results.

Japan's indexes deepened losses, and the yen dropped to a ten-month low ahead of Prime Minister Takaichi's separate meetings with the BOJ governor and the Japan Tax Commission.

Stock market indexes in China traded down for the third consecutive session, and investors trimmed exposure to high-flying AI stocks. Precious metals turned volatile amid dwindling expectations of a U.S. rate cut.

Japan's GDP contracted in the third quarter after the decline in private consumption offset the increase in public demand.



Caution prevailed in China and Hong Kong for the third consecutive session after China's sluggish economic data contributed to the market gloom.

China's sluggish economic data confirmed the ongoing residential property market weakness and weakening consumer sentiment. Benchmark indexes in Shanghai and Hong Kong trimmed weekly advances.

Japan's producer price inflation slowed in October, largely driven by weaker prices of imported commodities and energy products.

Stock market indexes in China and Hong Kong diverged ahead of the release of key economic data on Friday. Tencent and JD.com traded down ahead of the release of their quarterly results.

Japan's indexes meandered, and the yen traded at a ten-month low. A measure of confidence among large Japanese manufacturing companies rose to a four-year high, driven by solid orders for vehicles and electronics.

China indexes edged higher amid improving risk appetite for the second consecutive session. AI-related stocks faced headwinds after Softbank sold its entire stake in Nvidia.

Japan's indexes rebounded from Monday's losses, tracking Wall Street gains as the U.S. Senate voted to reopen the federal government. Japan's current account surplus soared to a record high in September.



Improving global market sentiment lifted benchmark indexes in China and Hong Kong, but frothy valuation worries kept market gains in check.