ZIMO ZHONG, Associated Press
41 mins ago
The screen showing the foreign exchange rate between U.S. dollar and South Korean won is seen at a foreign exchange dealing room in Seoul, South Korea, Friday, Nov. 17, 2023. Asian stocks were mostly lower Friday after Wall Street drifted to a mixed finish as momentum slowed following a strong rally in the first half of November.(AP Photo/Lee Jin-man)
HONG KONG (AP) — Asian stocks were mostly lower Friday after Wall Street drifted to a mixed finish as momentum slowed following a strong rally in the first half of November.
U.S. futures and oil prices edged higher.
Hong Kong’s Hang Seng sank 2.1%, to 17,450.44, dragged lower by a 9.8% slump in shares of Chinese e-commerce giant Alibaba following its cancellation of a plan to spin off its cloud computing unit. The company cited uncertainties due to…
