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asian markets mixed as honda shares surge amid merger talks
Asian markets opened mixed as Wall Street rebounded from an early dip, with Honda shares soaring over 16% following a significant share buyback announcement and merger talks with Nissan. Japan's Nikkei 225 fell 0.3%, while South Korea's Kospi also declined amid political uncertainty. U.S. consumer confidence dropped in December, raising inflation concerns as the Federal Reserve signals fewer interest rate cuts ahead.
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