Tokyo CPI, China’s industrial income

Asia-Pacific markets were mixed on Friday as some markets bounce back from the Boxing Day break and investors assess economic data from the region.

China’s industrial profits continued decline for the fourth month in a row, down 7.3% in November from a year ago, signaling that Beijing’s stimulus measures have not yet substantially stemmed the slide in corporate profits. Hong Kong Hang Seng Index added 0.23%, while mainland China’s CSI 300 fell 0.3%.

Investors appreciated Inflation figures for November from the capital of Japan, Tokyoheadline inflation was 3%, compared to 2.6% in October. Core inflation, excluding fresh food prices, rose to 2.4%, compared with Reuters expectations for a 2.5% rise. Tokyo’s inflation numbers are widely considered a leading indicator of national trends.

Separately, the Cabinet of Ministers of Japan approved a historic budget of $732 billion for the fiscal year that begins in April, while limiting new bond issuance to the lowest level in 17 years, Reuters reported. The approved budget exceeds the current year’s budget by 2.6 percent.

of Japan unemployment for November was 2.5%, in line with Reuters estimates and unchanged from October.

The Nikkei 225 rose 1.12% while the Topix added 0.9%.

South Korea Kospi fell 1.11%, while the Kosdaq traded 0.78% lower.

Australia S&P/ASX 200 rose 0.68% as trading resumed after Christmas and Boxing Day.

Overnight stay in the USA Dow Jones industrial index erased earlier losses and squeezed out small gains in thin trading on Thursday after a strong mutual market rally at the start of the holiday week.

The blue-chip Dow closed the day 28.77 points, or 0.07%, higher at 43,325.80 after losing about 182 points earlier in the session. The S&P 500 fell 2.45 points, or 0.04%, to 6,037.59. The Nasdaq Composite also ended the day lower, down less than 0.1% to 20,020.36.

— CNBC’s Yun Li contributed to this report.