This is CNBC's live blog covering Asia-Pacific markets.
Asia-Pacific markets fell Monday after China's latest stimulus measures underwhelmed and its October inflation numbers came in lower than expected, prompting concerns over the recovery in the world's second-largest economy.
Beijing announced a five-year stimulus package worth 10 trillion yuan ($1.4 trillion) to tackle local government debt problems on Friday. However, some analysts doubt it is enough to meaningfully stimulate growth.
The country's inflation rate declined to 0.3%, missing expectations of 0.4% and also lower than the 0.4% seen in September. Inflation fell for a second straight month and dropped to its lowest in four months, LSEG data showed.
On Monday, China celebrated its Singles' Day — the equivalent of Black Friday in the country — though promotional sales started last month. A note from ING on Friday said that Singles' Day will show how consumption was faring in China.
"We suspect that given the shift toward value-for-money purchases and online shopping, we'll continue to see solid growth numbers from the event that should comfortably outpace the overall consumption growth momentum."
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Hong Kong's Hang Seng index fell 1.62% in its final hour, while mainland China's CSI 300 climbed 0.66%. to 4,131.13.
Money Report
Japan's benchmark Nikkei 225 was marginally higher at 39,533.32, while the broad-based Topix slipped 0.09% to close at 2,739.68.
South Korea's Kospi was down 1.15%, ending at 2,531.66 and marking its lowest level since Sept. 11, and the small-cap Kosdaq fell 1.96% to finish at 728.84.
Australia's S&P/ASX 200 was down 0.43%, closing at 8,266.2.
On Friday in the U.S., the stock market climbed to fresh highs, with the Dow Jones Industrial Average and S&P 500 notching their best week in a year after Donald Trump's election win.
The blue-chip Dow rose 259.65 points, or 0.59%, to close at 43,988.99. During the session, the Dow traded above 44,000 for the first time ever
The S&P 500 gained 0.38% to close at 5,995.54, after briefly trading above 6,000. However, the tech-heavy Nasdaq Composite rose just 0.09% to 19,286.78.
— CNBC's Lisa Kailai Han and Jesse Pound contributed to this report.
Chinese markets experiencing ‘buy the rumor, sell the facts’ effect, says economist
Hao Zhou, chief economist at Guotai Junan International, said the Chinese economy is still facing headwinds and needs time to pick up, but positive factors are building.
— Dylan Butts
Singapore Airlines shares fall 6% as profit nearly halves amid intensifying competition
SINGAPORE — Shares of Singapore Airlines dropped after the city-state's flag carrier reported a fall of almost 50% in net profit for its first half April to September period, citing lower yields and growing competition.
As markets opened on Monday, the stock fell as much as 6.2%, before later recovering to trade lower by 3.57%.
Net profit in the first half of the fiscal year came in at 742 million Singapore dollars ($559.12 million), 48.5% lower than the SG$1.44 billion in the same period a year ago.
Operating profit for the company fell 48.8% to SG$796 million, down from SG$1.55 billion a year ago, while revenue increased 3.7% to SG$9.5 billion.
Read the full story here.
— Lim Hui Jie
Bank of Japan policy rate could reach 1% by September 2025, BOJ meeting summary shows
Japan's central bank has forecast that it could push its benchmark policy rate up to 1% by the second half of its 2025 fiscal year — which starts September 2025 — "at the earliest" if prices and Japan's economy grow on expected lines.
In its summary of opinions for its October meeting, the BOJ said it needs to "exercise caution" even as it strives toward raising its policy rate and normalizing monetary policy, noting that "it cannot be judged at this point that markets are stabilizing."
The BOJ pointed out that its monetary policies and the Federal Reserve's were moving in opposite directions, and so foreign exchange markets could see large fluctuations.
The yen weakened following the U.S. presidential elections, before recovering to around the 152-153 range against the dollar.
— Lim Hui Jie
CNBC Pro: This wind stock tanked after Trump's win. Analysts now say buy the dip, giving it major upside
One European stock tanked on the news that Donald Trump had won the 2024 presidential election. However, analysts at investment banks suggest that investors have overreacted to fears of a downturn for the sector.
The consensus price target of all analysts points to an upside of more than 50% for the stock.
CNBC Pro subscribers can read more here.
— Ganesh Rao
CNBC Pro: Nomura names Japanese stocks that trade like bitcoin — and analysts give one over 80% upside
Investment bank Nomura has screened for Japanese stocks with "high bitcoin price sensitivity," following a surge in the cryptocurrency's price.
The bank noted that "stocks of exchange operators plus semiconductor, IT, and nonferrous names track BTC but are currently lagging."
It comes as analysts say bitcoin prices could hit $100,000 by the end of the year following President-elect Donald Trump's victory.
CNBC Pro looks at 10 stocks from the investment bank's screen that stand out for having substantial upside potential, according to FactSet's consensus price targets.
CNBC Pro subscribers can read more here.
— Amala Balakrishner
Coinbase is heading for its best week since January 2023
Coinbase extended its rally on Friday as most of the crypto sector took a pause following its postelection rocket rally.
Shares of the crypto exchange operator were higher by 5% in afternoon trading and on pace for a weekly gain of about 47%, which would make it its best week since January 2023, when it gained 50%.
Meanwhile, bitcoin inched higher by less than 1% to new records. It is currently sitting at $77,014.49, after reaching a new high in the same day of $77,158.42. The flagship cryptocurrency is heading for an 11.3% gain, which would be its best week since September, when it gained 11.75%.
MicroStrategy had a less than 1% gain, while most miners were in the red, including Mara Holdings and Iren, formerly known as Iris Energy.
— Tanaya Macheel, Nick Wells
Trump Media shares soar 10% after Trump reiterates no plans to sell
Shares of Trump Media shot up more than 10% Friday after President-elect Donald Trump reaffirmed he has no plans to offload his majority stake in his social media company.
The stock had sold off 23% in the previous session, erasing Wednesday's pop trigger by Trump's election win. Week to date, Trump Media shares are flat.
— Yun Li
Consumer sentiment gauge better than expected
The University of Michigan's consumer sentiment gauge came in at 73 in November, rising to the highest level since April. The reading was also better than the consensus expectation of 71 and up from 70.5 in October.
— Yun Li