Asia-Pacific markets fell on Friday as investors assessed Japan’s July inflation data and fresh blows to China’s real estate sector.
Japan’s core inflation rate fell to 3.1%, down from 3.3% in June. Headline inflation remained at 3.3%.
Meanwhile, embattled Chinese real estate giant Evergrande has filed for bankruptcy protection in a U.S bankruptcy court.
The company sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies that are undergoing restructuring from creditors.
Shares of Adani Enterprises surged by as much as 7.21% on Friday, leading gains on India’s Nifty 50 index after an Economic Times report said that UAE state energy company Abu Dhabi National Energy — also known as Taqa — is evaluating “a large exposure” in the Indian power business via Adani.
Just to let everyone know, they fixed Mill St in Salisbury earlier this week. Cold patch was packed in and around the pot holes of the railroad track in front of Farmers and Planters. That leaves only about 1000 pot holes still needing fixed. Thanks Salisbury Public Works.
Sounds a little sketchy 9:22