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Asian markets mostly lower on looming worries over U.S. banks, China growth

Por: MarketWatch Business May 12, 2023

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Recent data reflect very low inflation and weak credit extensions in China, which all indicate slowing growth as the initial jump from the nation dropping pandemic-related restrictions fades, he said. Japan’s benchmark Nikkei 225 gained 0.9% in morning trading as companies like  gained after reporting relatively favorable earnings. But SoftBank Group Corp . slumped after . Australia’s S&P/ASX 200 dipped 0.1% and South Korea’s Kospi... + full article



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