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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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.