Asian Markets Rise as Japanese Machinery Orders Ramp Up

Asian markets rose Wednesday on news that Japan’s economy may finally be bouncing back. Figures released yesterday show that machinery orders in Japan jumped 4.2% in January over December, sending the Nikkei up 0.6%. In Hong Ko…

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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Asian Airline Shares Plunge on Gloomy IATA Forecast

In Asia Wednesday Hong Kong’s Hang Seng Index plunged 2% to 22,975 and China’s Shanghai Composite fell 0.5% to 2,911. In Japan the Nikkei 225 Index dipped 0.1% to end the session at 10,310.
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