Asian stocks traded mixed on Thursday as several major markets resumed trading after New Year’s Day holiday, with China’s Caixin/S&P Global manufacturing purchasing managers’ index falling to 50.5 in December, missing forecasts. Mainland China’s CSI 300 and Hong Kong’s Hang Seng Index dropped, while South Korea’s Kospi fell slightly and the Kosdaq rose. Australia’s S&P/ASX 200 gained, and Japan’s markets remained closed for the rest of the week as the Bank of Korea prepares for its next interest rate decision later this month.
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Ivory Coast president, 83, says he will run for fourth term
Ivory Coast President Alassane Ouattara, 83, has announced his candidacy for a fourth term in the October election, citing national stability amid security and economic challenges, while claiming a new constitution reset his term limits. His decision has drawn criticism from opposition leaders, who have been barred from the race, and concerns over political polarization and past electoral violence persist as the country approaches the polls. Want More Context? 🔎
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