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Asia-Pacific markets mostly fall; Hong Kong shares drop after budget announcement - TL;DR CNBC

Asia-Pacific markets mostly fall; Hong Kong shares drop after budget announcement

Publishing timestamp: 2024-02-28 02:21:13


Summary

Asia-Pacific stock markets mostly fell as New Zealand's central bank kept interest rates steady and Hong Kong scrapped rules to tighten its property market. Hong Kong announced its budget and said it will scrap plans to tighten its property market with immediate effect. Bitcoin prices have rebounded and Apple is canceling plans to build an electric car to focus on generative artificial intelligence.


Sentiment: NEUTRAL

Tickers: .AXJO,  .DJI,  .HSI,  JPY=,  .IXIC,  AUD=,  BTC.CM=,  .KS11,  17-HK,  @LCO.1,  .DXY,  .SPX,  .SSEC,  .NZ50,  @CL.1,  .N225,  .SZI,  14-HK, 

Keywords: shenzhen component index,  breaking news: markets,  kospi index,  world markets,  business news,  ice brent crude (apr'23),  australia,  australian dollar/us dollar fx spot rate,  dxy us dollar currency index,  s&p/asx 200,  asia economy,  nasdaq composite,  s&p 500 index,  breaking news: asia,  economic events,  usd/jpy,  nikkei 225 index,  new zealand exch nzsx 50 free idx,  shanghai,  hang seng index,  wti crude (mar'23),  dow jones industrial average,  markets,  prices, 

Source: https://www.cnbc.com/2024/02/28/asia-markets-.html


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