Tokyo leads gains in most Asian markets but China data hits Hong Kong

HONG KONG (AFP): Most Asian markets rose Monday (Nov 1), with Tokyo leading the way as a win for Japan's ruling party in a weekend general election fuelled hopes it will push ahead with a fresh stimulus, though Hong Kong was hit by data showing further weakness in China's economy.

News that inflation had hit a 30-year high in the United States and a 13-year peak in the eurozone added to long-running concerns that price rises are in danger of running out of control, while piling more pressure on central banks to tighten monetary policy.