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Japan's Economy Surges 2.8%, Nikkei Hits New High

2/17/2025

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Story summary
  • Japan's economy grew by 2.8% in Q4 2024, exceeding forecasts.
  • The Nikkei index rose to 39,178.97, reflecting positive market sentiment.
  • South Korea's Kospi increased by 0.76%, indicating stable growth.
  • Australia's ASX 200 experienced a decline of 0.88%.
  • Oil prices fell, with Brent futures trading at $74.60 per barrel amid geopolitical optimism.