Equity indices in the Asia-Pacific region ended Wednesday on a mostly higher note.
Japan’s Cabinet office maintained its overall economic assessment but raised its view of employment and housing. Shanghai Security News reported that small and medium banks have been instructed to limit their asset management units this year. North Korea conducted more missile tests. The Reserve Bank of New Zealand raised its official cash rate by 50 bps to 2.00%, as expected.
Japan’s Nikkei: -0.3%
Hong Kong’s Hang Seng: +0.3%
China’s Shanghai Composite: +1.2%
India’s Sensex: -0.6%
South Korea’s Kospi: +0.4%
Australia’s ASX All Ordinaries: +0.3%