Asia-Pacific markets mostly fell Friday, with investors assessing November pay and household spending out from Japan.
In Japan, the Nikkei 225 dropped another 414.69 points, or 1.1%, to 39,109.40.
Real household spending in Japan fell 0.4% year on year in November, a softer fall compared to the 0.6% decline expected by a Reuters poll of economists. The fall was also less than the 1.3% decline seen in October.
The average real income per household stood at 514,409 yen ($3,252.98) in November, up 0.7% from the previous year.
Heavyweight Fast Retailing lost as much as 7.83% despite posting strong first-quarter results.
In Hong Kong, the Hang Seng index lost 176.6 points, or 0.9%, to 19,064.29.
CHINA
The CSI 300 slid 47.4 points, or 1.3%, to 3,732.48.
Separately, the People’s Bank of China announced it it would suspend treasury bond purchases temporarily, Reuters reported. This was due to the bonds being in short supply, with the PBOC adding it would resume bond buying depending on supply and demand in the government bond market.
In other markets,
In Singapore, the Straits Times index sagged 61.04 points, or 1.6%. to 3,801.56
In Korea, the Kospi index dipped 6.12 points, or 0.2%, to 2,515.78.
In Taiwan, the Taiex index fell 69.27 points, or 0.3%, to 23,011.86
In New Zealand, the NZX 50 slumped 47.76 points, or 0.4%, to 12,895.98.
In Australia, the ASX 200 retreated 35.1 points, or 0.4%, to 8,294.08.
