Asia shares mostly slipped on Tuesday ahead of Beijing’s expected release of weak fourth-quarter economic data, although investor sentiment about China’s rebound remained positive even as the global economy edges closer to recession. | Reuters
The official data will be released at 0200 GMT.
Japan’s Nikkei 225 rose 1.35 percent as the Bank of Japan kicked off its two-day meeting. BOJ is under pressure to change its interest rate policy as soon as Wednesday, after the central bank’s attempt to buy itself breathing room backfired, emboldening bond investors to test its resolve. European shares reached a near nine-month high on Monday, with the pan-European STOXX 600 closing up 0.5 percent at 454.6 – its highest level since April 2022 – as global equities continued to build on a new year rally spurred by hopes of a rebound in China’s economy and an easing of prices pressures in the United States and Europe.
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