Gold held near a record high as traders waited for a US inflation print that may offer clues on the Federal Reserve’s rate-cutting path. Bullion was trading around $2,520 an ounce in Asia hours on pace for a second monthly gain ahead of the core personal consumption expenditures price index due later Friday. The report is expected…
Japan’s Topix gains as higher crude oil prices boost trading companies and mining-related firms, while defensive buying supports demand for drugmakers and gas companies. Topix rose 0.1% to 2,695.83 as of 9:26 a.m. Tokyo time. Nikkei 225 declined 0.1% to 38,319.10. Recruit Holdings contributed the most to the Topix’s gain, increasing 2.3%. Out of 2,132 stocks in…
The Hang Seng Index opened 0.9% higher, climbing 152.85 to 17,939.17, as stocks gain for the second straight day in Hong Kong. Meituan contributed the most to the index gain, increasing 2.7%. Li Auto Inc. had the largest increase, rising 5.7%. In early trading, 60 of 82 shares rose, while 18 fell; all sectors were…
