Asian Markets Jittery as China’s CPI Rises Again

China’s National Bureau of Statistics reported that the country’s consumer price index rose 4.9% in January. Hong Kong’s Hang Seng Index fell 1% and in China the Shanghai Composite Index remained virtually unchanged. Japan’s Ni…

Asian Markets Slide After Chinese Interest Rate Hike

Chinese investors returning from the New Year holiday were greeted by a 25 basis point hike in interest rates. The Shanghai Composite Index lost 0.9%, in Hong Kong the Hang Seng Index fell 1.4%, and in Japan the Nikkei 225 Inde…

Chinese Inflation Drags Asian Shares Lower

Asian markets plunged Thursday. In China the Shanghai Composite Index tumbled 2.9% to 2,678 and in Hong Kong the Hang Seng Index fell 1.7% to 24,004. Japan’s Nikkei 225 Index lost 1.1% to end the day at 10,437.
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