Nikkei 225, Hang Seng Index
In 2025, the median rent for a 1-bedroom in Hong Kong is $2,421.
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Asia-Pacific Markets traded on Wednesday, breaking ranks from Wall Street losses after the World Bank raised its growth forecast for the region on Tuesday.
This comes after a summer that saw US tariff-led uncertainty rock the global economy.
Japan’s benchmark Nikkei 225 Little changed while Topix added 0.62%.
Australia’s ASX/S&P 200 fell 0.3%.
Futures for Hong Kong’s Hang Seng Index are at 27,165, higher than Tuesday’s close of 26,957.77.
Markets in mainland China and South Korea are closed for holidays.
The Bank of Thailand and the Bank of New Zealand will publish their policy decisions later in the day.
Overnight in the US, the three major averages closed lower. The S&P 500 struggled on Tuesday, falling on a decline in Oracle shares as investors worried about the profitability of AI trading. Wall Street also sought further developments from Washington as the U.S. government shutdown entered its second week.
The broad market index retreated 0.38% to 6,714.59 and burned a 7-day winning streak while the NASDAQ Composite fell 0.67%. The Dow Jones Industrial Average fell 91.99 points, or 0.2%, to end at 46,602.98.
— CNBC’s Pia Singh, Sean Conlon and Fred Imbert contributed to this report.
