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Asian Shares Mixed In Cautious Trading

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Asian stocks ended mixed on Thursday despite encouraging news about Covid-19 vaccines from Pfizer and BioNTech. As inflation worries mount, focus turned to the release of U.S. inflation data on Friday and next week's Fed meeting.

Chinese shares rose for a third consecutive session as investors digested the latest inflation data. The benchmark Shanghai Composite Index climbed 35.47 points, or 1 percent, to 3,673.04, while Hong Kong's Hang Seng Index jumped 257.99 points, or 1.1 percent, to 24,254.86.

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Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.