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ASIA:
The latest edition of the Heritage Foundation’s annual “Index of Economic Freedom,” which ranks countries of world’s freest economies, released Thursday, saw Hong Kong excluded from the list it once dominated because its policies are “controlled from Beijing, the agency reported. The news comes on the eve of China’s annual National People’s Congress, which gets underway in Beijing on Friday with greater control over the territory seemingly on the agenda. The United States, its allies and international human rights organizations have heavily criticized China over the law, which they say has undermined the city’s autonomy and helped Beijing crush dissent.
NIKKEI 225 closed
Hang Seng increased 312.81 points or 1.03% to 30,632.64
ASX 200 increased 58.30 points or 0.86% to 6,839.20
Kospi decreased 9.66 points or -0.31% to 3,070.09
SENSEX increased 7.09 points or 0.01% to 49,751.41
Nifty50 increased 32.10 points or 0.22% to 14,707.80
The major Asian currency markets had a mixed day today:
AUDUSD decreased 0.00169 or -0.21% to 0.79017
NZDUSD increased 0.00013 or 0.02% to 0.73313
USDJPY increased 0.21 or 0.20% to 105.18
USDCNY increased 0.00385 or 0.06% to 6.46681
Precious Metals:
Silver decreased 0.55 USD/t. oz or -1.96% to 27.607
Some economic news from last night:
China:
South Korea:
New Zealand:
Retail Sales Quarterly Vs. Year Ago (Q4) decreased from 8.3% to 4.8%
Indonesia:
M2 Money Supply (YoY) (Jan) decreased from 12.40% to 11.80%
Some economic news from today:
ASIA: American companies would lose hundreds of billions of dollars if they slashed investment in China or the nation's increased tariffs, the US Chamber of
ASIA: Britain's broadcasting regulator said on Thursday that it had withdrawn the license for China Global Television Network, an international news channel