Asian Stocks Mixed as Investors Await US Inflation Data and Fed Decision

Asian stocks saw minimal movement as investors awaited US inflation data, which will likely influence the Federal Reserve`s decision on interest rate cuts. While US stocks rose slightly, uncertainty surrounding the US economy and upcoming elections contributed to cautious trading. Concerns about China`s economic health led to declines in Chinese stocks, particularly in the real estate sector. However, Alibaba saw gains after joining a program that allows mainland Chinese investors easier access to its shares.