Japan's Nikkei 225 (N225) climbed 1.4% in early trading, while South Korea's Kospi (KOSPI) rose 0.4%. South Korea's central bank on Wednesday reduced a key interest rate by 25 basis points to 1.25%. The bank cut the rate in July for the first time in three years.
China's Shanghai Composite Index (SHCOMP) gained 0.4%.
Hong Kong's Hang Seng Index (HSI) was also up about 0.4%, though it briefly slipped 0.3% in earlier trading.
China's foreign ministry on Wednesday said it would retaliate if US lawmakers approve bills that support the Hong Kong protests. The government released that statement after the US House of Representatives voted in favor of a bill that would mandate an annual review to determine whether Hong Kong's autonomy from the mainland Chinese government remains sufficient to justify the special treatment the city receives under US law.
The Senate version of the legislation is still awaiting a floor vote. It also differs slightly from the House measure, meaning the House may have to take up the issue again later on.
Business - Latest - Google News
October 16, 2019 at 09:15AM
https://ift.tt/2prEcUA
Asian markets move higher after Wall Street gains - CNN
Business - Latest - Google News
https://ift.tt/2Rx7A4Y
Bagikan Berita Ini
0 Response to "Asian markets move higher after Wall Street gains - CNN"
Post a Comment