Investors in Asia were quick to react to a report that China has canceled its last round of reserve ratio hikes, sending markets up on Tuesday. The Hang Seng rose 1.7% in Hong Kong, the Shanghai Composite inched up 0.1%, and in…
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…
Shares in Asia slid lower Friday as investors reacted to Chinese government moves to tighten credit and clamp down on inflation. In Hong Kong, the Hang Seng Index fell 0.8% to 22,877, and in China, the Shanghai Composite sank 0…
Asian markets rose Thursday with investors piling money into China stocks, despite the government’s efforts to control liquidity. The Shanghai Composite Index climbed 1% and Hong Kong’s Hang Seng Index rose 0.3%. In Japan the N…
Hong Kong’s Hang Seng Index climbed 2% to 24,145 Wednesday — a two-year high — after Goldman Sachs predicted the index could reach 29,000 in the next year. That, combined with expectations of a new $500 billion round of U.S. …