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Hong Kong stocks lead Asia higher with 5% surge in catchup move to Wall Street; New Zealand hikes interest rates

Por: MarketWatch Business October 05, 2022

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Statistics New Zealand said inflation was running at 7.3% and unemployment at 3.3%. The rate hike came on the same day the government announced its finances were in better shape than forecast. The Hang Seng in Hong Kong rose 5.3% to 17,988.86, catching up with gains elsewhere as markets reopened following a holiday Tuesday. Markets in mainland China remained closed for a holiday. Japan’s benchmark Nikkei 225 added 0.3% in morning trading to... + full article



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