Most Asian Markets Close Friday in Green After Japan's Rate Hike, Cooling Inflation Data in US
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Asian markets closed mostly in green on Friday, driven by Japan's interest rate hike to 0.75% and cooling US inflation data. The Nikkei 225 rose 1%, with SoftBank Group gaining 6.1%. Japan's inflation eased to 2.9% in November. The Hang Seng Index increased by 0.8%, while the Shanghai Composite was up 0.4%. Other regional markets like KOSPI and TWSE also saw gains, except for Singapore's Straits Times Index, which closed slightly lower.
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