Commodities were the talk of the town in Shanghai today, with mining companies leading the Composite Index to surge 2.5%. Hong Kong’s Hang Seng Index rose 1.1%. The Tokyo Stock Exchange was closed for Physical Fitness Day.
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Asian markets were mixed Friday. After a week-long holiday, the Shanghai Composite surged 3.1% and the Hong Kong Hang Seng Index crept up 0.3%. In Japan the Nikkei 225 Index slid 0.1%.
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In Asia Thursday the Nikkei 225 Index edged down 0.1% to 9,685 and Hong Kong’s Hang Seng Index remained virtually unchanged at 22,884. Markets in China remained closed.
Continue reading Higher U.S. Unemployment…
Japan’s ruling Democratic Party proposed yet another economic stimulus package, this one for more than $58 billion, sending the Nikkei climbing 1.8%. Hong Kong’s Hang Seng Index rose 1.1%, while markets in China remained closed…
Japanese stocks rallied Tuesday after the Bank of Japan announced it would slash its benchmark interest rate to near zero in an effort to revive its sluggish economy.
Continue reading Nikkei Rises and Yen Falls…