Taiwan's Taiex fell 2.63 percent, or 1,165.28 points, to 43,091.87 on Thursday, Nov. 12, the largest fall among the region's main benchmarks, AFP reported, with traders watching the leadership turmoil at Nvidia. In London, the Office for National Statistics said Britain's economy grew 0.7 percent in the third quarter.

Asia at the close

Hong Kong's Hang Seng fell 1.26 percent, or 307.37 points, to 24,008.55, and the Shanghai Composite fell 0.67 percent, or 24.82 points, to 3,655.83, according to AFP. Australia's ASX 200 slipped 0.07 percent to about 9,146.8.

South Korea's Kospi fell 0.61 percent, or 32.63 points, to 5,342.73, Yonhap reported.

Tokyo's two benchmarks split. The Nikkei 225 fell 0.70 percent, or 429.23 points, to 60,819.36, while the broader Topix rose 0.20 percent to 3,937.33, according to Yonhap Infomax. The Nikkei had been up 0.88 percent at 61,788.44 at 11:19 a.m. Tokyo time before turning lower. Ibiden fell nearly 8 percent, and Advantest was also sold, Yonhap reported.

"Companies closely tied to Nvidia fell as Nvidia's future became uncertain," said Daisuke Hashizume of Daiwa, according to Yonhap.

Currencies

The Indonesian rupiah hit a record low against the dollar, weakening as far as 18,253 per dollar, and the central bank intervened, AFP reported. The dollar bought 159.70 yen, the euro was at $1.1094 and the pound at $1.3275, according to AFP.

The dollar index stood at 103.08, up 0.1 percent and at its highest since April last year, Reuters reported in its Morning Bid column.

Britain

Real GDP rose 0.7 percent in the July-to-September quarter after 0.5 percent growth in the second quarter, and was 1.9 percent higher than a year earlier, the ONS said. Dow Jones Newswires described it as the strongest quarterly expansion since the first quarter of 2024.

Output in services rose 0.9 percent in the quarter, against 0.1 percent growth in production and a 0.7 percent fall in construction, according to the ONS. Real GDP per head rose 0.7 percent.

By month, GDP rose 0.4 percent in July, was flat in August, revised from a previously estimated 0.1 percent gain, and rose 0.2 percent in September, the ONS said.

The FTSE 100 was up 0.3 percent at 10,866.11 at midday, and Paris and Frankfurt also rose, AFP reported.

Treasuries in Asian trade

U.S. Treasury yields moved in opposite directions at the two ends of the curve in Asian trading. At 9:55 a.m. Korea time, the 2-year yield was 4.776 percent, up 3.4 basis points, the 10-year was 4.992 percent and the 30-year was 5.338 percent, down 1.6 basis points, Yonhap Infomax reported.

Andrew Ticehurst of Nomura described the rise in short-dated yields as "continued hawkish repricing following the higher U.S. CPI and some fairly direct, hawkish remarks from Fed officials," Bloomberg reported. Swaps priced a quarter-point increase in December, according to Bloomberg.

Central banks

Bank of Japan board member Toichiro Asada urged caution on raising rates further, and the People's Bank of China reiterated its pro-growth, accommodative stance, according to Dow Jones Newswires headlines.