MANILA, Philippines (AP) — Asian shares mostly retreated Friday after a rally of technology stocks led by Nvidia and Intel pushed Wall Street to more records.
Japan’s Nikkei 225 switched from gains to losses, closing nearly 0.6% lower to 45,045.81, after the Bank of Japan decided to keep its benchmark short-term interest rate unchanged at 0.5%. Data released Friday also showed the country’s annual inflation in August slowed to a 10-month low at 2.7%, from 3.1% the previous month.
In Chinese markets, Hong Kong’s Hang Seng index shed less than 0.1% to 26,537.97 while the Shanghai Composite index edged down less than 0.1% to 3,829.34. Investors are awaiting a phone call later Friday between President Donald Trump and China’s President Xi Jinping on tariffs and finalizing a deal to allow Tik