Japan’s benchmark Nikkei NIK, +0.22% rose 0.3% and the Shanghai Composite index SHCOMP, -0.53% sank 0.5%. Australia’s S&P/ASX 200 XJO, +0.40% gained 0.4% while South Korea’s Kospi 180721, +0.27% added 0.2%. Hong Kong’s Hang Seng HSI, -0.65% slipped 0.7%. Stocks were flat in Singapore STI, -0.06%, and rose slightly in Taiwan Y9999, +0.18% and Indonesia JAKIDX, +0.08%.
“To be sure, the aggregated growth assessment is upbeat. Global GDP contraction for 2020, at 3.3%, was not as bad as the 4.4% drop expected earlier,” Lavanya said, referring to gross domestic product. Toshiba said it was seeking more details on the proposal, giving it “careful consideration” and would make an announcement “in due course.” The Japanese financial newspaper Nikkei reported that CVC Capital Partners was looking into acquiring the company for 2 trillion yen .
The twisted economic policy plans for Hong Kong will only end in more chaos. Brace yourselves, citizens of Hong Kong...
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