Japan’s Nikkei hit a record high on Wednesday, jumping 2.5%, even as investors expect the Bank of Japan to raise rates as soon as this month. The rally shrugged off renewed worry about the Middle East.
Australia’s economy grew a little less than expected, held back by cautious households. Oil prices climbed again on Iran fears, while South Korea’s market was closed for a holiday.
Today’s Asia Intelligence Brief covers the region’s finance, markets, economy, and politics. We pulled it together from Japanese, Chinese, Korean, Hindi, Bahasa Indonesia, Vietnamese, and English sources.
Japan — A Record High for the Nikkei
The Nikkei Jumps to a New Peak
