Asia markets mixed as Japan's third-quarter GDP revised downward, India rate decision awaited

Asia-Pacific markets experienced mixed trading as Japan’s third-quarter GDP was unexpectedly revised downward. The revised figure showed a 0.7% fall quarter-on-quarter, which was steeper than the earlier estimate of a 0.5% decline. Investors also awaited the rate decision from the Reserve Bank of India, with economists predicting that the benchmark policy rate will remain steady at 6.5%. While Australia’s S&P/ASX 200 rose slightly, Japan’s Nikkei 225 and Topix tumbled after the GDP data release. South Korea’s Kospi and Kosdaq both climbed, and Hong Kong’s Hang Seng Index rebounded. In the US, all three major indexes gained ground, with the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all showing positive performance. Stocks like Alphabet, Nvidia, and AMD experienced gains.