Markets in Asia reacted to a surge in the price of oil, which crossed the $106 per barrel today. In Hong Kong the Hang Seng Index dipped 0.4% and in Japan the Nikkei 225 Index tumbled 1.8%. Meanwhile, China’s Shanghai Composite Index surged 1.8%.
Continue reading Asian Markets Mixed Amid Rising Oil Prices and Japan’s Political Shakeup
Asian Markets Mixed Amid Rising Oil Prices and Japan’s Political Shakeup originally appeared on DailyFinance on Mon, 07 Mar 2011 07:00:00.