China's new energy vehicle (NEV) retail sales in the first half of December declined year-on-year, marking a rare year-end dip.
Most Asian stocks fell on Thursday as technology shares resumed their decline on persistent concerns over stretched artificial intelligence valuations, while anticipation of a hawkish Bank of Japan also weighed.
U.S. corporate finance chiefs continue to cite tariffs as a top concern and on average see prices rising more than 4% next year, according to a survey released on Wednesday that may add to Federal Reserve concerns that current price pressures will keep it from reaching its 2% inflation target anytime soon.
U.S. President Donald Trump said on Wednesday the next chairman of the U.S. Federal Reserve will be someone who believes in lower interest rates "by a lot."
