Mixed trading in Asian shares as Japan’s Nikkei 225 rises on strong GDP data, while uncertainty persists in the rest of the region. Australia’s S&P/ASX 200 dips despite better-than-expected wage increase, raising potential for future interest rate hike. South Korea’s Kospi gains, but Hong Kong’s Hang Seng and Shanghai Composite experience losses. Japan’s positive GDP data indicates rebounding consumption post-COVID-19 restrictions and reopening of borders for tourists.
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Summary
Article Name
Japan Rises on Strong GDP Data, Rest of Region Unsteady
Description
Mixed trading in Asian shares as Japan's Nikkei 225 rises on strong GDP data, while uncertainty persists in the rest of the region.
Author
Susan Jane
Publisher Name
abc NEWS
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