Asian stocks ended mixed on Wednesday after data showed Chinese exports hitting a record high in September despite power shortages.
A cautious undertone prevailed as traders awaited U.S. consumer price data due later in the day for clues on the outlook for the Federal Reserve's monetary policy. A strong reading could raise bets of earlier than expected interest rate hikes by the U.S. central bank.
Chinese shares fluctuated before closing higher as positive exports data offset worries of spreading debt contagion. The benchmark Shanghai Composite Index rose 14.83 points, or 0.4 percent, to 3,561.76. Trading in Hong Kong was suspended as a typhoon passed south of the city.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.