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The Independent UK
The Independent UK
National
Teresa Cerojano

Asian shares retreat after Intel helped drive Wall Street to more records

Asian shares mostly retreated Friday after a rally of technology stocks led by Nvidia and Intel pushed Wall Street to more records.

Japan's Nikkei 225 switched from gains to losses and was down nearly 1.4% to 44,667.88 as of early afternoon, after the Bank of Japan decided to keep its benchmark short-term interest rate unchanged at 0.5%. Data released Friday also showed the country's annual inflation in August slowed to a 10-month low at 2.7%, from 3.1% the previous month.

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