Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.

Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. U.S. futures and oil prices rose. Japan's core inflation rate,

Several data points are expected out of Japan later today, including CPI for January and unemployment and retail sales figures for December.

Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.

This is CNBC's live blog covering Asia-Pacific markets. Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year holiday.

SAN FRANCISCO ― OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.

Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high. Oil prices fell and U.S. futures sank, while Chinese shares shed some of their early gains after a survey of manufacturers showed export orders dropping to a five-month low.

NEW YORK (AP) — U.S. stocks are drifting around a record on Friday as they head for the close of a second straight winning week.

Citi expects increased momentum in Asian fundraising for tech companies into 2025, driven by developments in artificial intelligence and robust activity in India and Taiwan, the Wall Street bank said on Thursday.

The S&P 500 fell 1.9% Monday. Big Tech stocks took some of the heaviest losses, with Nvidia down 17.6%, and they dragged the Nasdaq composite down 3.3%.

On the winning side of Wall Street were Novo Nordisk’s U.S.-listed shares, which jumped 8.6%. The Danish company reported results from a clinical trial of a treatment for people who are overweight or obese, which could mean bigger profits in the future.

Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking next week.