Asian markets were mixed Wednesday. In China the Shanghai Composite Index rose 1.1% to 2,860 and in Hong Kong the Hang Seng Index advanced 0.6% to 23,024. Japan’s Nikkei 225 Index sank 0.8% to close at 10,030.
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The ripple effect of Ireland’s acceptance of an international bailout to the tune of some $130 billion was felt in Asia, where it gave investors confidence that the European financial situation will stabilize.
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Asian markets rebounded Thursday. In Japan the Nikkei 225 Index jumped 2.1% to pass the 10,000 mark for the first time since June. In Hong Kong the Hang Seng Index rose 1.8% and China’s Shanghai Composite gained 0.9%.
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Asian markets lost value Tuesday with the Shanghai Composite Index tumbling 4% as investors worried about possible monetary tightening measures. In Hong Kong the Hang Seng slid 0.4% and Japan’s Nikkei 225 Index edged down 0.3%….
Asian markets were mixed Monday. In Japan the Nikkei 225 Index rose 1.1%, helped by new numbers showing the nation’s economy outpaced economists’ predictions and grew more than expected in the third quarter. In China the Shangh…