Asia Rises, Investors Ignore U.S. Retail

Baystreet
2026.02.11 12:22
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Asia-Pacific markets mostly rose on Wednesday, with the Hang Seng index up 0.3% despite concerns over AI and weak U.S. economic data. Japan's markets were closed for a holiday. The CSI 300 in Shanghai fell 0.2%, reflecting deflationary pressures as China's CPI rose only 0.2% in January, below expectations. Other markets saw gains: Korea's Kospi increased by 1%, Taiwan's Taiex by 1.6%, Singapore's Straits Times by 0.4%, and Australia's ASX by 1.7%. New Zealand's NZX 50 slightly declined by 0.1%.