The Asian markets concluded Monday’s trade on a mixed note as investors brushed off another negative lead from Wall Street ahead of the release of Chinese economic growth data later in the week. Singaporean GDP fell to a seasonally adjusted 5.1%, from 5.5% in the preceding quarter. The IMF’s policy committee highlighted stubbornly weak price increases as a key drag on the global recovery, which is approaching the end of its fifth year. For Japan, which bears one of the world's heaviest public-debt loads, failure to stoke some inflation and growth could imperil the country's economy and send shock waves around the globe. That is why the fund has urged the Bank of Japan to continue its easy money policies at the same time as the government takes policy measures meant to make the economy more competitive.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2131.54 | 1.00 | 0.05 |
Hang Seng | 23038.80 | 35.16 | 0.15 |
Jakarta Composite | 4864.88 | 48.31 | 1.00 |
KLSE Composite | 1851.53 | -1.13 | -0.06 |
Nikkei 225 | 13910.16 | -49.89 | -0.36 |
Straits Times | 3214.83 | 16.61 | 0.52 |
KOSPI Composite | 1997.44 | -11.77 | -0.56 |
Taiwan Weighted | 8857.42 | -50.63 | -0.57 |