Asian markets mixed as investors weigh odds of avoiding recession

Asian markets mixed as investors weigh odds of avoiding recession

BEIJING — Asian stock markets were mixed Thursday amid hopes Western economies can avoid a recession despite higher interest rates to cool inflation. The Hang Seng HK:HSI in Hong Kong rose 1.7% while the Nikkei 225 JP:NIK in Tokyo shed 0.3%. The Kospi KR:180721 in Seoul gained 0.9% and benchmarks in New Zealand NZ:NZ50GR, Singapore SG:STI and Indonesia ID:JAKIDX advanced. Markets... BEIJING — Asian stock markets were mixed Thursday amid hopes Western economies can avoid a recession despite higher interest …