The Asian markets barring KLSE Composite concluded Thursday’s trade in red, with Indonesia’s rupiah falling the most in three months, after the head of the Federal Reserve suggested US interest rates could start to rise from early next year . Japan’s annual export growth in February was short of market expectations, and a Bank of Japan policy-maker warned about the outlook as the world’s third-largest economy faces a sales tax hike next month that could dent economic activity. The exports rose 9.8% in February from a year earlier, following a 9.5% gain in the previous month, as shipments of cars to China and Asia recovered from a Lunar New Year slowdown.
The median monthly wage of Hong Kong employees rose across the board last year for the benchmark period of May-June. The median monthly wage was $14,100, up 5.2% over a year earlier and higher for both male and female employees and for all age groups, educational attainment levels, occupational groups and industry sections. Hong Kong’s inflation eased in February. The consumer price index rose 3.9% in February from a year back, after growing 4.6% in January.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 1993.48 | -28.26 | -1.40 |
Hang Seng | 21182.16 | -386.53 | -1.79 |
Jakarta Composite | 4698.97 | -122.48 | -2.54 |
KLSE Composite | 1818.17 | 0.73 | 0.04 |
Nikkei 225 | 14224.23 | -238.29 | -1.65 |
Straits Times | 3057.20 | -23.55 | -0.76 |
KOSPI Composite | 1919.52 | -18.16 | -0.94 |
Taiwan Weighted | 8597.33 | -92.13 | -1.06 |
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