Asia-Pacific markets slip as investors digest South Korea unemployment data
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 11 2024
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Source: CNBC
Market Trends: Asia-Pacific markets experienced declines despite gains on Wall Street, with South Korea reporting its lowest unemployment rate since 1999 and Japan's business confidence hitting a seven-month low.
Economic Indicators: The Bank of Japan indicated potential interest rate hikes if economic conditions align with forecasts, while Taiwan Semiconductor Manufacturing Corp reported a year-on-year revenue increase despite a slight monthly decline.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
