Xinhua world economic news summary at 0900 GMT, Aug. 7-Xinhua

Xinhua world economic news summary at 0900 GMT, Aug. 7

Source: Xinhua

Editor: huaxia

2024-08-07 16:51:15

HONG KONG -- Hong Kong stock market ended higher on Wednesday with the benchmark Hang Seng Index up 1.38 percent to close at 16,877.86 points.

The Hang Seng China Enterprises Index climbed 1.38 percent to end at 5,933.17 points, and the Hang Seng Tech Index jumped 1.19 percent to close at 3,382.42 points. (Hong Kong-Stocks)

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TOKYO -- Tokyo stocks ended higher on Wednesday, as the yen slid against the U.S. dollar after a central bank deputy chief suggested a cautious stance over raising interest rates.

The 225-issue Nikkei Stock Average closed up 414.16 points, or 1.19 percent, from Tuesday at 35,089.62. (Japan-Tokyo stocks)

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TOKYO -- Household spending in Japan saw the second month of decline from a year earlier in June, government data showed on Tuesday.

Household spending in the reporting period fell 1.4 percent in real terms year on year, according to the Ministry of Internal Affairs and Communications. (Japan-Household Spending-June)

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BANGKOK -- Thailand's headline inflation growth quickened in July due to rising energy and food prices, official data showed on Wednesday.

The consumer price index (CPI) inched up 0.83 percent last month from a year earlier, accelerating from a 0.62-percent increase in June, according to the Ministry of Commerce. (Thailand-Headline Inflation-July)

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YANGON -- Myanmar exported over 87,800 tons of fish in the period from April to July, earning over 98 million U.S. dollars, the state-run media the Global New Light of Myanmar reported on Wednesday.

The Southeast Asian country exported fish worth 65.75 million U.S. dollars by sea and 32.736 million dollars by land borders. (Myanmar-Fish Exports)