Lim Hui Jie

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are.

South Korean markets have had a dismal 2024, with the so called “Korea discount” in its stock markets widening compared to other global peers.

Four of the seven Mag 7 stocks added roughly $416 billion in market cap for the day

It also comes after the RBI held rates at 6.5% during its latest monetary policy meeting last week, despite a surprise slowdown in economic growth.

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets were set to mostly fall Friday, mirroring moves on Wall Street that was weighed down by a hotter-than-expected producer price inflation reading

The company had raised 120 billion yen ($800 million) in its IPO, exercising a overallotment option.

The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.

Traders are also assessing inflation data out from Japan after the country’s central bank held rates on Thursday.

The "core-core" inflation rate, which strips out prices of both fresh food and energy and is tracked by the BOJ, rose to 2.4% from 2.3%, a seven-month high