{"id":46499,"date":"2014-01-20T07:52:49","date_gmt":"2014-01-20T12:52:49","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=46499"},"modified":"2014-01-20T07:52:49","modified_gmt":"2014-01-20T12:52:49","slug":"asian-stocks-starts-week-in-red-on-china-gdp-report","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/01\/20\/asian-stocks-starts-week-in-red-on-china-gdp-report\/","title":{"rendered":"Asian Stocks Starts Week in Red on China GDP Report"},"content":{"rendered":"

By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Stocks in the Asian region \u00a0started-off the week lower following the release of China\u2019s GDP data, which revealed that China\u2019s economy was growing at a slow pace in the fourth quarter. Shares in Japan were shaken by the nation\u2019s weak consumer data and strong yen. Hong Kong\u2019s benchmark Hang Seng declined 0.47% lower at 23,025 points at the time of writing, while the China\u2019s benchmark Shanghai Composite edged 0.18% lower to 2,001.35 points at the same time. South Korea\u2019s Kospi index edged 0.5% higher.<\/span> In Japan, the benchmark Nikkei index lost 0.74% to 15,618.23 points at the time of writing, at the same time Tokyo\u2019s Topix index dropped 0.43% at 1,291.83 points. Industrial & Commercial Bank of China lost 1.4% in Hong Kong, while shares in the world\u2019s largest gaming giants, Nintendo Co. declined 6.2% in Tokyo, marking the second-biggest drop on the regional benchmark index. Car-makers Mitsubishi Motors lost 2%, while Sharp Corp declined 1% lower.<\/p>\n

Stocks – China GDP Data<\/span><\/h2>\n

According to reports from the National Bureau of Statistics, the second-largest economy expanded by 7.7% in the fourth quarter from the previous year. Dropping from 7.8% growth seen in the previous three months. China\u2019s Industrial production increased by 9.7% in December, down from the 10% rise seen in the previous month. While Retail sales in December rose 13.6% higher year-on-year, compared to 13.7% recorded in November. China\u2019s fixed-asset investment; excluding rural households, came in 19.6% higher between January to December from the previous year, expanding by 20.6%. The tight credit conditions could reduce the nation\u2019s economy growth even further, with policymaker\u2019s adamant on scaling-back the nation\u2019s banking activities. \u00a0 Win a luxurious trip to the Maldives & up to $30,000 cash for trading with us!<\/b><\/em> Visit for details<\/b><\/em>\u00a0<\/i><\/b>http:\/\/ift.tt\/L42Q3q<\/a><\/b><\/em><\/p>\n

The post Asian Stocks Starts Week in Red on China GDP Report<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n

Article provided by HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Stocks in the Asian region \u00a0started-off the week lower following the release of China\u2019s GDP data, which revealed that China\u2019s economy was growing at a slow pace in the fourth quarter. Shares in Japan were shaken by the nation\u2019s weak consumer data and strong yen. Hong Kong\u2019s benchmark Hang Seng … <\/p>\n

Continue reading “Asian Stocks Starts Week in Red on China GDP Report”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-46499","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/46499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=46499"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/46499\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=46499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=46499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=46499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}