Equity indices in the Asia-Pacific region ended Thursday on a mostly lower note.
Reports from China indicate that Shanghai’s port has resumed most of its cargo handling capacity.
Japan will reopen its borders to foreign tourists on June 10.
Yonhap reported that South Korea will present measures to stabilize prices in the coming days.
The Bank of Korea raised its base rate by 25 bps to 1.75%, as expected. The central bank raised its CPI forecast for the year to 4.5% from 3.1%. U.S.
Secretary of State Blinken will speak on the Biden administration’s China policy this morning.
Japan’s Nikkei: -0.3%
Hong Kong’s Hang Seng: -0.3%
China’s Shanghai Composite: +0.5%
India’s Sensex: +0.9%
South Korea’s Kospi: -0.2%
Australia’s ASX All Ordinaries: -0.7%