LOGO
LOGO

Commentary

Asian Shares Mixed After Chinese Inflation Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Asian stocks ended Monday's session on a mixed note after data showed China's economy teetered on the brink of deflation in June, adding to the case for policymakers to launch more stimulus to boost growth.

Chinese shares edged up slightly amid hopes for more stimulus measures and as U.S. Treasury Secretary Janet Yellen gave a positive assessment of bilateral ties between the U.S. and China.

The benchmark Shanghai Composite Index inched up 0.2 percent to 3,203.70, while Hong Kong's Hang Seng Index ended 0.6 percent higher at 18,479.72.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19