Asian markets headed north Monday. China’s Shanghai Composite Index climbed 2.9% to 2,923 and Hong Kong’s Hang Seng Index rose 0.7% to 23,317. In Japan the Nikkei 225 Index advanced 0.8% to end the day at 10,294.
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China’s bull run may be over as investors pulled money out of the market, forcing the Shanghai Composite down 1.9% and Hong Kong’s Hang Seng Index down 2%. In Japan the Nikkei 225 Index was nearly flat.
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The recent tremors in global equity markets may have deep and disturbing roots. As investors are becoming aware, there is growing evidence that the economy is slowing down in Europe, Asia and the U.S. Here’s a look at some of t…
China surprised international markets Tuesday by raising key interest rates for the first time in three years. The move sparked a worldwide sell-off on worries that it could cause the Chinese economy to slow down.
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